Tesla keeps Shanghai factory at 93% capacity

Despite Tesla’s recent upgrades to the Shanghai factory, the company still plans to maintain the Shanghai factory’s production capacity at about 93% by the end of the year. This is a rare move for Tesla. Since the Shanghai plant started construction in 2019, it has basically been operating at full capacity. Recently, Tesla also increased its weekly production by 30% to a maximum of 22,000 vehicles.

The upgraded Shanghai plant can produce 14,000 Model Ys and 8,000 Model 3s a week, the people said. But in the remaining months of the year, Tesla plans to produce 20,500 vehicles per week, including 13,000 Model Ys and 7,500 Model 3s.

In the first eight months of this year, 60 percent of the electric cars produced at Tesla's Shanghai plant were sold in China, and the rest were exported to overseas markets such as Australia, Europe, Japan, and Singapore.

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