Tesla exports three times as many cars made in China

Tesla exports three times as many cars made in China


Tesla sold 76,965 Chinese-made vehicles in August, nearly three times more than a month earlier, as Elon Musk’s group boosted shipments after ramping up production at its Shanghai factory. The US automaker exported 42,463 Model 3s and Model Ys from China last month, the China Passenger Car Association (CPCA) said. As of July, Tesla had sold 28,217 vehicles and delivered 19,756. After a planned upgrade disrupted most production in July, Tesla ramped up production at its Shanghai factory in August, defying the heat wave and Covid restrictions that have hit its suppliers in the Southwest region. Yibin battery factory CATL, which supplies battery cells to Tesla Shanghai, was forced to close part of its operations due to domestic restrictive policies, Reuters said.

Production improvements have allowed Tesla to accelerate deliveries of the Model 3 and Model Y electric vehicles to customers, particularly in China. Tesla has cut delivery wait times for its two best-selling models to 14 weeks in China, while buyers of the Model Y hatchback can pick up the SUV a month after ordering.