Elon Musk says Tesla has produced more than 3 million cars

May 17, 2021, Brandenburg, Grünheide: Elon Musk, Tesla CEO, stands on the Tesla factory construction site and salutes with his hard hat.

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Tesla CEO Elon Musk wrote on Twitter Sunday. Of that total, Tesla’s Shanghai factory produced one million cars, according to the tweet.

“Congrats to Giga Shanghai for making the millionth car! The total number of Teslas produced is now over 3 million,” Musk said. tweeted.

Musk’s announcement comes after months Lockdown and spare parts shortage in China that threatened Tesla’s vehicle production and showed that Tesla’s Shanghai factory is producing a significant number of new vehicles after opening in 2018 and subsequent investment years.

The car-to-vehicle achievement marked by Musk on Sunday comes after reports of Tesla deliveries, the closest approximation to sales, have increased in recent quarters. In July, Tesla said it delivered 254,695 vehicles in the second quarter, 26.5% increase over the same period last year.

But this milestone also shows how small Tesla is compared to the auto giants. For example, Toyota delivered more than 10 million vehicles only in 2021. Earlier this year, Tesla said it plans to increase annual vehicle deliveries by 50%.

In addition to the Shanghai factory, Tesla also manufactures cars at its factory in Fremont, California; Austin, Texas; and near Berlin in Germany. Musk said in july that the Fremont plant, the company’s first, had produced 2 million cars.

In JuneMusk has said he wants to make his Shanghai factory “peaceful” and lamented that Tesla’s Berlin and Austin plants are a “smelter” that has lost “billions of dollars” because of supply chain problems. and production.

Tesla shares are down nearly 25% in 2022 as investors reassess fast-growing companies on inflation and macroeconomic concerns. Musk sold over 7 million worth of Tesla shares last week about 6.88 billion dollars like him at the same time bound in litigation about his efforts to close a deal to acquire Twitter for $44 billion.

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