Tesla China Produces 3 Millionth Vehicle, Almost 50% Of Model 3 + Y Total
Tesla has shared on social media that Tesla China has produced its 3 millionth car. That’s quite an accomplishment for Tesla’s second car factory. It also reveals just how much of Tesla’s business is reliant on Chinese production. It’s a useful time to receive this update, as I also just recently reported that Tesla passed 6 million cumulative Model 3 and Model Y sales in the 3rd quarter.
More specifically, cumulative sales of the Tesla Model 3 and Model Y reached 6,021,007 units at the end of September. With the 3-million-unit milestone in China passed just a short time later, we can see that China has produced nearly 50% of the Model 3 and Model Y electric cars ever produced.
The rate of production growth in China might be faster than in the US and Europe combined. We’ll have to see if the Chinese factory reaches 4 million vehicles produced before cumulative sales of the Model 3 and Model Y reach 8 million.