For the third month in a row crews at Giga Shanghai have been able to set a new production record. The records have been broken after Tesla upgraded the production lines at Giga Shanghai over the summer.
According to data from China Merchants Bank International (CMBI), Tesla built 87,706 new Model 3 and Model Y cars at Giga Shanghai in October.
That easily breaks the previous record set just the month before in September when 82,088 new cars rolled off the factory’s production lines, which broke the record set in August of 76,705 new cars built at Giga Shanghai.
With Giga Shanghai’s successive record quarters, Tesla China has produced 246,499 new cars in just the last three months alone.
Extrapolated out that equates to a production rate of over 1 million cars per year, making it Tesla’s most productive factory. The next closest is Fremont, which has an installed capacity of 650,000 cars, split between the Model S/X lines (100,000) and the Model 3/Y lines (550,000).
Earlier this month we reported that Tesla sold 71,704 vehicles in China last month, the majority of which (54,504) were exported to other markets, also setting a new record for the automaker.
The difference between the number of vehicles delivered and the number of cars built means Tesla has shored up its vehicle inventory in the final months of the year.
This could be why Tesla this week added a new incentive for customers ordering a car from existing inventory. If a customer places an order for one of these vehicles and takes delivery by November 30 they can receive up to ¥8,000 (~$1,500 CAD/$1,100 USD) off their purchase.
That amount drops in half to ¥4,000 if they take delivery between December 1 and December 31.
