Tesmanian reports that according to several industry insiders, Tesla Gigafactory Shanghai plans to produce about 550,000 EVs in 2021. This plan includes 300,000 Model 3s and 250,000 Model Ys. Tesla Gigafactory has issued ordering requirements to core component suppliers.
Yesterday on November 7, Tesmanian reported Tesla Giga Shanghai: Model Y Production Starts by the end of November and targets 5000 weekly production in 2021. This would mean a few thousand China Model Y’s built and delivered in December.
This does not include the Tesla production from Fremont which should be about 500,000 cars. It also does not include any production from Berlin and Texas. It seems likely that Berlin will start production early in 2021 and Texas should start production in mid-2021.
⚠️⚠️ Important Update ⚠️⚠️
Breaking: Tesla Giga Shanghai 🇨🇳 Plans To Produce 550K Units in 2021, Over 100K For Export$TSLA #Tesla #China #Model3 #ModelYhttps://t.co/hOvKb20Ax3
— Vincent 🚀🟠 (@vincent13031925) November 9, 2020
SOURCES- Tesmanian
Written By Brian Wang, Nextbigfuture.com (Brian owns shares of Tesla, These are not recommendations to buy Tesla .)
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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You can bet they'll be frantically reverse engineering the technology while ignoring patents so that they can produce their own version.
If it gets up too high, China may just nationalize the factory.
So mote than amillion teslas in 2021? More than 100% growth year over year. I'm impressed.