Asian Analyst Forecasts Tesla Output at 700-800K Next Year

Tesla’s Shanghai Gigafactory 3 will produce electric cars for India and other Asian countries along with China. Tesla maybe able to saturate China and enter other markets such as India with electric vehicles that are immediately competitive in price.

Reports indicate Tesla will target 3000 cars per week initially at GF3 and then scale to 500K per year full max capacity. Tesla maybe able to produce 700-800K cars in 2020.

The building for the Tesla Gigafactory 3 was recently completed. They are working on the assembly line equipment installations.