Tesla, Inc. is grappling with production constraints at its Giga Texas factory, where the current 4680 battery cell output rate is only sufficient to power about 24,000 Cybertrucks per year, which is about a tenth of the desired production volume, according to Reuters. In contrast, Tesla is expanding its global manufacturing capabilities with the launch of a new Megapack battery project in Shanghai, as reported by Xinhua. The project, which officially began with a land acquisition and signing ceremony, is expected to produce 10,000 Megapacks annually. Tesla has secured land for the Shanghai Megapack factory and is scheduled to start construction in Q1 2024, with the production kickoff targeted for the fourth quarter of 2024. Additionally, Tesla is gearing up to introduce a revamped Model Y at its Shanghai plant, with mass production possibly commencing by mid-2024, in response to increasing competition from domestic automakers.
SCOOP by @ChunyingZhang: *TESLA SAID TO PLAN REVAMP OF SMASH HIT MODEL Y FROM CHINA PLANT via @business https://t.co/Ly7NUR0BmV https://t.co/AZ2XHXXFQT
Tesla is preparing to roll out a revamped version of its smash hit Model Y from its Shanghai plant, sources say, as domestic rivals accelerate product launches amid heated competition https://t.co/QL93yaup1Q via @business
Tesla $TSLA is currently conducting preparation work in China 🇨🇳 to roll out a refreshed version of the Model Y from its Shanghai Gigafactory with mass production possibly starting as soon as mid-2024 - Bloomberg
Tesla $TSLA is currently conducting preparation work in China 🇨🇳 to roll out a refreshed version of the Model Y from its Shanghai Gigafactory with mass production possibly starting as soon as mid-2024
Tesla Inc. is preparing to roll out a revamped version of its smash hit Model Y from its Shanghai plant, according to people familiar with the matter, as domestic rivals accelerate product launches amid heated competition. https://t.co/b1stTE0jx4
Tesla to roll out revamped Model Y version from Shanghai plant - Bloomberg News https://t.co/9L046AfpGS https://t.co/bBKv2PUc6z
🚨 Tesla Said to Plan Revamp of Smash Hit Model Y From China Plant https://t.co/znuoIDwhRZ
Tesla is preparing to roll out a revamped version of its smash hit Model Y from its Shanghai plant, sources say, as domestic rivals accelerate product launches amid heated competition https://t.co/JG7WMfn3rd
#Tesla launched new megapack battery facility in #Shanghai, construction to start in Q1 https://t.co/ST8kyAnZC2
Tesla Launches New Mega Factory Project In Shanghai, Designed To Manufacture 10,000 Megapacks Per Year https://t.co/NjkyRgC3eh
Tesla Inc. has signed an agreement with the Shanghai government to acquire land to build a Megapack factory that will have the capacity to build 10,000 battery packs a year. https://t.co/BxTsTEF3Mr
Tesla goes deeper in China Tesla secures site in Shanghai to build its Megapack battery factory https://t.co/Ov19bIp3s0
.@Tesla announced on Friday that it had secured land for its #Shanghai Energy Storage Super Factory, planning to start construction in Q1 2024. The factory aims to produce 10,000 commercial energy storage batteries annually. #battery $TSLA https://t.co/VIKXzaPcV1
$TSLA 🔸 Tesla's new mega factory project in Shanghai officially launched SHANGHAI, Dec. 22 (Xinhua) -- U.S. carmaker Tesla Inc. officially launched its new mega factory project that is capable of producing 10,000 Megapacks a year in Shanghai, the company announced.…
Tesla will build a factory for the production of energy-storage batteries in China https://t.co/HzDxhhpHyQ https://t.co/CFiZ4lhTvn
NEW - Tesla launches Shanghai battery plant project https://t.co/aybFvqTu6U
Tesla secures site in Shanghai to build its Megapack battery factory https://t.co/FA2zolQT0j via @scmpnews
US carmaker Tesla on Friday officially launched its new mega factory project that is capable of producing 10,000 #Megapacks a year in #Shanghai, the company announced. The new project is scheduled to start production in the fourth quarter of 2024. https://t.co/B5UJonFerR
Tesla to start building Shanghai battery plant in 2024 https://t.co/oadSHKex5a
Tesla has acquired land to build its Shanghai Megapack factory that will have capacity to produce 10,000 battery packs a year, according to a company representative https://t.co/qsHoqwQsxS
Tesla launches Shanghai megapack battery project - Chinese state media https://t.co/CtB4RtxgWO https://t.co/QJHNMuRkgP
NEWS: Tesla has officially launched its new Megapack project in Shanghai with an annual production capacity goal of 10,000 Megapacks, according to a report from Xinhua today. A land acquisition and signing ceremony for the project was held in Shanghai on Friday morning, marking… https://t.co/rVWT7bcVGP
⚠️ TESLA LAUNCHES SHANGHAI MEGAPACK BATTERY PROJECT - CHINESE STATE MEDIA Full Story → https://t.co/9GWgSXxKRZ
$TSLA 🔸 Tesla Cybertruck deliveries hostage to battery production hell Tesla's Giga Texas factory is currently churning out 4680 battery cells at rate only sufficient to power about 24,000 Cybertrucks a year, or about a 10th of the required output, according to Reuters…