Tesla (TSLA) Increases Model Y Production to 1K Per Day in Giga Shanghai, Surpassing Model 3 - Report

Tesla (NASDAQ: TSLA) Giga Shanghai plant is officially producing 1,000 Model Y units per day, according to a report. This number exceeds the factory’s Model 3 output of 800 units per day. The increase in production follows a four-day shutdown of Model Y lines, allowing for updates to the facility.

“After four days of overhaul at Tesla’s Shanghai plant last week, the production capacity of Phase 2 Model Y has reached 1,000 units per day. This daily capacity has exceeded the number of Model 3s (at) 800 units per day. It can be said that the Y-type production has entered high-yield stage. As previously planned by Tesla, the main production of Q3 is for export,” noted drone operator Wu Wa.

The recent Model Y production numbers support Tesla and Elon Musk’s predictions about its all-electric crossover. The Model Y is expected to outsell Tesla’s Model S, Model X, and Model 3 combined. In July, Giga Shanghai exported a total of 24,347 Tesla vehicles abroad. Tesla Model 3 exports still outnumbered Model Y exports significantly.

By Michael Elkins | [email protected]

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