Analysts at Oppenheimer on Monday indicated the photos of hundreds of China produced Tesla are increasing analyst expectations for a relatively smooth ramp for the Shanghai facility.
Tesla China reached 1000 per week level after only about 2 weeks. Tesla China could reach 3000 per week production in China in January, 2020. This would mean at least 150,000 cars produced in China.
Tesla China is also expanding the Shanghai factory. The expanded production line could double the Shanghai production by mid-2020.
If Tesla increases US production from 360,000 in 2019 to 500,000 in 2020 and China production in 2020 is 220,000 then 2020 production would be double 2019 production.
— Vincent (@vincent13031925) December 9, 2019
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
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