This Tesla Gigafactory hits a production milestone of 150,000 Model Ys per year

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Tesla announced that the Texas Gigafactory has achieved a production milestone of 3,000 Model Y vehicles per week, which means that the factory can produce 150,000 Model Y electric vehicles per year. The automaker also said the Berlin Gigafactory is now producing 2,000 electric vehicles per week. In early June, the automaker confirmed it was producing 1,000 electric vehicles per week in Giga Texas. The latest information shows that the automaker is working to ramp up production.

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Updated on:
December 18, 2022 at 13:42 pm

The Tesla Model Y is one of the best-selling vehicles along with the Model 3.  (Image credit: Twitter/Tesla)
The Tesla Model Y is one of the best-selling vehicles along with the Model 3. (Image credit: Twitter/Tesla)

Also read: Why Tesla’s third-largest shareholder thinks Elon Musk should be replaced as CEO

Tesla also reportedly plans to ramp up production at its Giga, Texas plant in the first quarter of 2023. The automaker is preparing to produce 75,000 Model Ys from the plant in the first quarter of 2023, Electrek reported. Originally, the automaker planned to produce 5,000 Model Y vehicles at its Giga plant in Texas by the end of this year. However, the electric automaker doesn’t seem to be able to make that happen, as there are only a few weeks left. However, the goal of producing 75,000 Model Ys in the first quarter of 2023 seems more reasonable.

The automaker aims to ramp up its U.S. production rates as quickly as possible to meet rising demand and in line with a strategy previously outlined by Tesla Chief Executive Elon Musk. The automaker expects a surge in demand for its EVs when they become eligible for the electric vehicle federal tax credit in 2023. However, the report said that the upcoming new electric vehicle tax credit system is negatively affecting Tesla’s demand in the United States, as many potential customers want to wait until 2023.

The Texas Gigafactory is one of the automaker’s key manufacturing facilities. The electric car company aims to produce 500,000 Model 3 and Model Y vehicles at its Texas Gigafactory. Besides that, it will also be home to Cybertruck and Tesla Semi trucks starting next year.

First published date: December 18, 2022 at 13:42pm CST

https://auto.hindustantimes.com/auto/electric-vehicles/this-tesla-gigafactory-achieves-annual-150-000-model-y-production-milestone-41671347903336.html

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