Tesla formally raises Giga Shanghai’s estimated annual capability

Tesla Giga Shanghai is the corporate’s largest manufacturing facility by output. It additionally serves as Tesla’s main car export hub. And within the firm’s Q3 2023 Replace Letter, the electrical car maker formally adjusted the ability’s annual car capability. 

In earlier quarters, Tesla has listed Gigafactory Shanghai’s annual capability merely as >750,000 autos. This was regardless of native reviews suggesting that the electrical car manufacturing facility might already produce about 1.1 million autos per 12 months. 

As could possibly be seen in Tesla’s Q3 2023 Replace Letter, this was not the case, with the electrical car maker formally itemizing the ability’s present put in annual car capability to over 950,000. Granted, that is nonetheless under the 1.1 million autos that’s been prompt in native reviews, however it’s a notable enchancment from the >750,000 that’s been listed in earlier quarters. 

Curiously sufficient, Tesla China formally declared a rise in Giga Shanghai’s annual car capability after the rollout of the upgraded Mannequin 3, higher recognized in electrical car circles because the Mannequin 3 Highland. Tesla highlighted Giga Shanghai’s output within the Q3 2023 Replace Letter, noting that the ability has typically been working at full capability for a number of quarters. 

“Aside from scheduled downtime in Q3, our Shanghai manufacturing facility has been efficiently working close to full capability for a number of quarters, and we don’t count on a significant enhance in weekly manufacturing run charge. Giga Shanghai stays our fundamental export hub,” Tesla wrote. 

Gigafactory Shanghai’s function in Tesla’s international operations has been rising steadily. Giga Shanghai is the only real facility that’s producing the upgraded Tesla Mannequin 3 for now, and the all-electric sedan has thus far obtained stellar critiques from each fanatics and professionals alike. Giga Shanghai additionally rolled out a minor replace to the Mannequin Y lately, which might possible make it extra enticing to customers.

Take a look at our protection of Tesla’s Q3 2023 Replace Letter right here

Take a look at our Q3 earnings name Reside Weblog, which accommodates our dwell protection of the occasion, right here

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Tesla formally raises Giga Shanghai’s estimated annual capability