Wednesday, November 6, 2024

Tesla Inc.’s Shanghai factory will produce 300,000 vehicles

Despite a global semiconductor shortage, Tesla Inc.’s Shanghai factory is anticipated to produce 300,000 cars in the first nine months of the year, culminating by a delivery rush at the end of the July-September quarter, according to two sources.

Model 3 sedans and Model Y sport-utility vehicles are produced at the factory for domestic and international markets, including Germany and Japan.

According to figures from the China Passenger Car Association, some 240,000 vehicles were exported from the factory in the first eight months, with many of them destined for export. Tesla has not revealed any information about the factory’s production.

The sources requested anonymity, as they were not allowed to speak to the media. Tesla did not immediately respond to a request for comment. In August, an official in the area where Tesla’s factory is located said it is expected to produce 450,000 vehicles this year, including 66,100 for export. Tesla is hiring managers for legal and external relations teams in China as it faces public scrutiny in the country over data security and customer service complaints.

 

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