Tesla's Shanghai Gigafactory is ramping up production in the fourth quarter to address increasing demand both domestically and for export. In September, sales of China-made Tesla vehicles rose by 2.8% year-over-year, reaching 90,812 units, according to the China Passenger Car Association. This production increase, announced by Tesla China's vice president, is part of a strategy to stabilize global output as competition intensifies. However, Cybertruck sales have seen a significant decline, dropping 62.6% year-over-year to approximately 5,400 units in the last quarter, according to Cox Automotive.
Tesla Shanghai Gigafactory Boosts Q4 Production Amid Rising Demand
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.