Tesla To Begin Production In China: Sources

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  • Tesla’s first car manufacturing site overseas gained key government approvals last month
  • It is scheduled to start production in October
  • Tesla aims to produce at least 1,000 Model 3s a week from the new factory by the end of this year

According to a recent article by Reuters, Tesla Inc’s China factory is planning to start production this month but it is unclear when it will meet year-end production targets due to uncertainties around orders, labour and suppliers.

Tesla aims to start some production in October, but the actual production volume depends on many factors. Some of them are car orders that the company has received, the performance of newly hired workers, supply chain and so on, as mentioned by a Tesla source to Reuters.

Going forward
Tesla aims to produce at least 1,000 Model 3s a week from the new factory by the end of this year, the centrepiece of its ambitions to boost sales in the world’s biggest auto market and avoid higher import tariffs imposed on US cars.

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State partners of the Tesla project include Shanghai Construction Group, China Construction Industrial & Energy Engineering Group, State Grid, Power Construction Corporation of China, and MinMetals’ Shanghai unit Baoye, according to multiple sources involved in the construction project.

Tesla’s first car manufacturing site overseas gained key government approvals last month and is on schedule to start production in October, the sources said.

 

 

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