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Tesla’s Shanghai factory started production of the Model Y

Tesla’s Shanghai factory started production of the Model Y late last year in the key market where it already produces Model 3 sedans.

“We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity,” Tesla said in a statement.

“The new Model S and Model X have also been exceptionally well received … and we are in the early stages of ramping production,” it added.

Tesla’s Shanghai factory started production of the Model Y late last year in the key market where it already produces Model 3 sedans. In February, Tesla’s China sales jumped from the previous month even as demand usually falls during China’s Lunar New Year holidays which occurred that month.

The electric-car maker delivered 184,800 vehicles globally during the first quarter, above estimates of 177,822 vehicles, according to Refinitiv data.

Source reuters

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