If Tesla went to one million electric cars a decade, then soon it will be able to produce the same number of cars in just a few years.
Despite the recession in the automotive industry due to isolation due to coronavirus, Tesla is doing very well: in the second quarter of this, the company shipped almost as many cars as in the second quarter of last year. This provided an interesting ground for reflection and a record forecast for the third quarter.
Tesla may produce a record number of electric vehicles next quarter
The case is in two components of a possible record – the parent company in Fremont and the new Tesla plant in China. As for the Factory in Fremont, it alone is capable of producing about 100,000 electric vehicles per quarter. In the second quarter, fewer cars were assembled because for a long time the plant was closed due to coronavirus – like most plants of other automakers. If we assume that the situation with COVID-19 will improve, and the company will operate normally, then the production of 100,000 cars is almost guaranteed.
The Shanghai Tesla factory in March was supposed to release 3,000 electric cars per week, and the target for June, according to Tesla top manager Tao Lin, was 4,000 cars per week. We multiply this by 13 weeks of the third quarter and we get that when reaching the declared capacity one Chinese plant is able to produce about 52,000 electric vehicles. And all this will be Tesla Model 3.
So if there are no emergency situations associated with a pandemic or, for example, a lack of components, then Tesla has every chance to set a record, having made 150,000 electric cars in three months. With the introduction of plants in Austin and Berlin, production will increase even further. One might think that within a few years it will reach the level of 250,000 cars per quarter.