Tesla Surpasses 3 Mn Car Production Mark: Elon Musk

Tesla surpasses 3 mn car production mark: Elon Musk

New Delhi, Aug 15 : Elon Musk has disclosed that his electric vehicle company Tesla has surpassed the mark of making 3 million vehicles.
Tesla cars have reached over 40 million miles.

 Tesla Surpasses 3 Mn Car Production Mark: Elon Musk-TeluguStop.com

The company anticipates to achieve 100 million miles by the end of this year.

“Congrats Giga Shanghai on making the millionth car! Total Teslas built now exceed 3 million,” Musk tweeted late on Sunday.

This month, Musk hinted that Tesla might construct “at at least 10-12 gigafactories” in years to come.

Musk has said that the long-awaited Cybertruck (announced in 2019) will be revealed soon although he did not give any further details.

Tesla announced $16.93 billion in revenue in Q2 and automotive accounted for $14.6 billion of the total sales.

In a conference call to discuss earnings, Musk said that Tesla’s new factory located outside of Berlin has surpassed 1,000 cars per day in June.

Tesla was the third largest automaker in mainland China in the first half of this year.It delivered more than 200k vehicles to customers in this time.

More than 413,000 EVs were sold in the US in the first quarter of 2022.This included more than 64,000 electric pickup trucks.

“Despite the increased variety of automobiles and EVs from a variety of companies, Tesla still accounted for more than 60 percent of the sales in the US in H1 2022” According to Chris Jones, VP and chief analyst at Canalys.

Tesla is the market leader in the BEV segment, with a strong performance from its Model Y and Model 3 accounting for 565,000 of vehicles sold in H1 2022, which gives it an estimated market share of 14 percent.

na/

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