Tesla Giga Shanghai Production Capacity To Hit 550,000 In 2021

According to media reports from China, based on unofficial sources, Tesla intends to expand the manufacturing capacity of the Giga Shanghai to 550,000 electric cars annually in 2021 . It does not automatically mean that the company will make 550,000 cars, but that at least at some point next year, it will produce cars at such rate. Currently, the manufacturing capacity of the Made-in-China Model 3 is at around 250,000 annually (5,000 a week) , and soon the MIC Model Y will start the series-production and ramp-up. The 550,000 number includes: 300,000 Model 3 250,000 Model Y Moreover, according to…