Tesla announces that the Tesla factory in China, Giga Shanghai made its 1,000,000th car. Tesla has been working tirelessly for production. Post COVID-19 in China this year, the progress in production continues at a faster pace.
The news comes after multiple shutdowns in the Giga factory this year due to COVID-19 restrictions. A few days ago it was reported that a massive shipment was being prepared. Many photos and videos were taken of the Shanghai South Port Terminal. Tesla factory in China has been pushing its export numbers as per CEO Elon Musk’s plan. Tesla’s primary vehicle export hub is Giga Shanghai.
Congrats Giga Shanghai on making millionth car! Total Teslas made now over 3M. pic.twitter.com/2Aee6slCuv
— Elon Musk (@elonmusk) August 14, 2022
In the recent Cyber Roundup, Elon Musk shared that Tesla produced its 3 millionths car and 1 millionth for Giga Shanghai. By the end of this year, the automaker aims to have a 2 million run rate. Tesla achieved an annualized run rate of 1.5 million vehicles. The success is credited to the Tesla employees who have been pushing themselves to find ways in ramping up production. “We’re aiming to achieve a 2 million vehicle run-rate by the end of the year. Thanks to the hard work of the Tesla team, we’ve already been able to achieve a 1.5 million unit annualized run rate.” Further stated, “And depending on how the rest of this year goes, I think we might get close to, or will get approximately at the 1.5 million mark, and will be exiting the year at a 2 million-unit run-rate.”
Tesla reached its 1 million car milestone in March 2020 and the Fremont factory manufactured its 2 millionth car in July 2022. Now, less than a month later, Tesla has already produced its 3 millionth car and Giga Shanghai made its first millionth vehicle this month.
Congratulations Tesla team on making our 1,000,000th car!! pic.twitter.com/5M99a9LLQi
— Elon Musk (@elonmusk) March 10, 2020
Each of these milestones was commemorated with a red Tesla. In 2020, Tesla marked its milestone with a red Model Y. At Fremont last month, Tesla marked the milestone with a red Model 3 Performance. Red is a great color for marking this milestone.
In July 2018, Tesla reported its biggest-ever loss but shares rose on Musk’s claims of positive cash flow and profit in the second half of 2018. And also stated signs of more consistent Model 3 production. Later by September Musk had to step down as the chairman of Tesla’s board of directors for three years. He had to pay a $20 million fine. Tesla also had to pay a $20 million fine, though it didn’t receive fraud charges. Later by January 2019, Tesla became the first western automaker to own a factory in China without a joint venture.