Tesla Model 3 Highland at Max Production Rate As China Deliveries Start

Tesla Model 3 Highland deliveries have officially started in China today. Tesla Giga Shanghai is operating at full capacity, with a current Model 3 production rate of 1,200 units per day, most of which are exported to Europe.

Model 3 Highland deliveries have officially started in China today. Every customer that gets this vehicle will experience the future & convince others why a Tesla is the best vehicle on earth, pushing the mission to accelerate the world’s transition to sustainable energy. 🇨🇳 pic.twitter.com/sfLpdEjrCc

— Teslaconomics (@Teslaconomics) October 26, 2023

Giga Shanghai is operating at full capacity, with a current Model 3 production rate of 1,200 units per day, most of which are exported to Europe. $TSLA

— Tesla China Analyst (@teslashanghai) October 26, 2023

1200 per day would be 108,000 per quarter and 36,000 per month.

This would mean Tesla could produce and sell more new Model 3’s in September than most of the prior months in China. There would be no monthly drop off in China production and sales because of the new Model 3 ramping. It would mean that new Tesla Model 3 Highland could sell 36,000 per month or more, which would be an increase of 30k-60k per quarter over most of the prior quarters. The average selling price and margin would also be substantially higher.