Tesla’s Fremont factory produces 3 millionth car

Tesla has celebrated another production milestone, this time at their Fremont factory, as the 3 million car rolled off the production line in California this week.

As has become customary, Tesla took to X (formerly Twitter) to announce the milestone, and like previous Fremont production milestones, the company also congratulated Giga Nevada on the achievement, as that factory provides many of the batteries and drive units for the cars built at Fremont.

Based on the post, the 3 millionth car built at Fremont was a Deep Blue Metallic Model S.

Fremont’s 3 millionth car comes just less than two years after the factory produced its 2 millionth car, when a red Model Y rolled off the production line in July 2022. That equates to a production run rate of about 45,000 vehicles per month or 540,000 vehicles per year coming out of the factory in California, just below its installed annual capacity of 650,000 vehicles indicated in the company’s Q1 2024 shareholder deck.

Tesla purchased the Fremont factory in 2010, but the factory has a history that dates back to the 1960s. Originally built by General Motors in 1962, it operated as the GM Fremont Assembly plant until 1984, when General Motors and Toyota formed a joint venture called New United Motor Manufacturing, Inc. (NUMMI) to produce vehicles such as the Toyota Corolla and the Chevrolet Nova, until the global financial crisis led to its closure in April 2010.

Soon after Tesla purchased the facility for $42 million and began retooling it, and the first Tesla vehicle, a Model S, rolled out of the Fremont factory in 2012. Since then it has become the most productive car factory in North America

The Fremont factory is Tesla’s only factory that produces four different vehicles – the Model S, Model 3, Model X, and Model Y.

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