Tesla Just Hit Another Million Dollar Milestone
has reached another million milestone.
Bloomberg | Getty ImagesOver the weekend, Tesla's gigantic factory in Shanghai produced its millionth car, bringing the total of all Teslas manufactured worldwide to more than 3 million .
The CEO and founder celebrated the news with a photo of the car and the workers who made it possible.
The news follows last month's milestone for Tesla when the company's Freemont plant produced its two millionth car.
This is a big step for Tesla, which has faced unprecedented delays in vehicle production due to, among other things, pandemic-related supply chain disruptions.
Giga Shanghai has faced its own unique set of issues over the past few years, including closures due to China's strict COVID lockdown policies, which at one point closed for 22 consecutive days. Earlier this summer, the company introduced a "closed-loop" system in Shanghai where workers slept inside the factory in a bid to increase production while minimizing travel. This initiative ended in June.
Giga Shanghai opened in 2018 and officially opened in late 2019, marking Tesla's first international factory at the time.
While Tesla and Musk have not publicly stated where and if the company will open another gigafactory, rumors have swirled that all eyes are on Canada as the company is likely planning to increase its production.
Tesla was up more than 35% year over year since Monday morning.
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has reached another million milestone.
Bloomberg | Getty ImagesOver the weekend, Tesla's gigantic factory in Shanghai produced its millionth car, bringing the total of all Teslas manufactured worldwide to more than 3 million .
The CEO and founder celebrated the news with a photo of the car and the workers who made it possible.
The news follows last month's milestone for Tesla when the company's Freemont plant produced its two millionth car.
This is a big step for Tesla, which has faced unprecedented delays in vehicle production due to, among other things, pandemic-related supply chain disruptions.
Giga Shanghai has faced its own unique set of issues over the past few years, including closures due to China's strict COVID lockdown policies, which at one point closed for 22 consecutive days. Earlier this summer, the company introduced a "closed-loop" system in Shanghai where workers slept inside the factory in a bid to increase production while minimizing travel. This initiative ended in June.
Giga Shanghai opened in 2018 and officially opened in late 2019, marking Tesla's first international factory at the time.
While Tesla and Musk have not publicly stated where and if the company will open another gigafactory, rumors have swirled that all eyes are on Canada as the company is likely planning to increase its production.
Tesla was up more than 35% year over year since Monday morning.
Crypto doesn't have to be serious. Ask this comedian who hosted a conference on failure in the industry.
Want to succeed? Transform your fixed mindset into a growth mindset.
Google CEO asks his employees 3 simple questions to increase their productivity
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