The Tesla Giga Shanghai plant, which in 2021 was responsible for roughly half of Tesla's total production, is restoring full production.

In late May, we heard that the output is at 70% of the pre-lockdown level, which is backed by the recent production and sales numbers for the month of May, at respectively 33544 and 32165.

Reuters reports that Tesla aims to produce more than 71000 Made-in-China, (MIC) Model 3/Model Y in June, according to an internal production memo seen by Reuters.

Potentially, it might be close to reaching a new monthly record and a clear sign that Tesla's production is in full swing on two shifts.

Nonetheless, assuming 44301 units were produced in April and May, the second quarter will end at maybe 115300. That's still far below 178887 during Q1, Reuters' noted.

This difference of roughly 64000 units is basically the lost production, in line with our expectations of between 50000 to 100000 depending on various factors. It's a significant level, (a solid month of production), but nothing that should stop Tesla from achieving a noticeable global year-over-year growth of production in Q2.

Reuters' unofficial sources also reveal that the current production output is at 90% of the pre-lockdown level. A separate article posted by CnEVPost, referring to the Shanghai Securities News, says that the level is already 100% as of June 9. Regardless of the exact value, the Tesla Giga Shanghai plant appears to be basically back on track.

Later this month, (potentially on June 13), the plant is expected to end the closed-loop system and allow employees to return home and commute to work.

Source: Re-posted and Summarized from Mark Kane at insideevs.

My Take: There you have it. China and the two new factories all ramping up. It will make for a great third and forth quarter.

Re Posted From: Tesla Giga Shanghai To Produce Over 71000 EVs In June 2022

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The Tesla Giga Shanghai plant, which in 2021 was responsible for roughly half of Tesla's total production, is restoring full production.

In late May, we heard that the output is at 70% of the pre-lockdown level, which is backed by the recent production and sales numbers for the month of May, at respectively 33544 and 32165.

Reuters reports that Tesla aims to produce more than 71000 Made-in-China, (MIC) Model 3/Model Y in June, according to an internal production memo seen by Reuters.

Potentially, it might be close to reaching a new monthly record and a clear sign that Tesla's production is in full swing on two shifts.

Nonetheless, assuming 44301 units were produced in April and May, the second quarter will end at maybe 115300. That's still far below 178887 during Q1, Reuters' noted.

This difference of roughly 64000 units is basically the lost production, in line with our expectations of between 50000 to 100000 depending on various factors. It's a significant level, (a solid month of production), but nothing that should stop Tesla from achieving a noticeable global year-over-year growth of production in Q2.

Reuters' unofficial sources also reveal that the current production output is at 90% of the pre-lockdown level. A separate article posted by CnEVPost, referring to the Shanghai Securities News, says that the level is already 100% as of June 9. Regardless of the exact value, the Tesla Giga Shanghai plant appears to be basically back on track.

Later this month, (potentially on June 13), the plant is expected to end the closed-loop system and allow employees to return home and commute to work.

Source: Re-posted and Summarized from Mark Kane at insideevs.

My Take: There you have it. China and the two new factories all ramping up. It will make for a great third and forth quarter.

Re Posted From: Tesla Giga Shanghai To Produce Over 71000 EVs In June 2022

Auto Helpers