Tesla announces Gigafactory Shanghai produces its 1 millionth electric car | Elon Musk News

Tesla today announced that Gigafactory Shanghai has just produced its 1 millionth electric car – a significant milestone for Tesla’s new global esports hub.

Last year, CEO Elon Musk revealed that Gigafactory Shanghai has now surpassed the Fremont factory in production capacity, and Tesla has made the Chinese factory its new main export hub.

Gigafactory Shanghai is a significant success story for Tesla.

The factory went from starting construction in December 2018 to commencing production in December 2019.

Within just two years of commencing production, it became the largest/most productive electric vehicle factory in the world by a wide margin.

It ended 2021 with an annual production rate of over 800,000 vehicles, still growing.

Today, CEO Elon Musk announced that the Tesla Gigafactory Shanghai has now produced its 1 millionth electric car:

As Musk highlighted, Tesla revealed earlier this month that it had produced its 3 millionth electric car.

Tesla’s first factory, the Fremont Factory, announced that it produced its 2 millionth electric car just a few weeks ago.

Gigafactory Shanghai’s 1 millionth vehicle came fast, but its second millionth vehicle is on the way faster as Tesla recently upgraded the plant to achieve a production rate of 1 million vehicles per year.

It is expected to achieve the production rate by the end of this year.

Gigafactory Shanghai currently only produces Model 3 and Model Y vehicles, but the factory is expected to expand to more vehicles next year.

The automaker is aiming to increase its production capacity to 20 million cars per year by the end of the decade.

With the success of Gigafactory Shanghai, it is likely that Tesla will invest more in China to achieve that goal. But in the short term, Gigafactory Berlin and Gigafactory Texas are expected to be the ones adding more production capacity for the automaker.

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