Market research firm JL Warren Capital pointed out in the report that the Tesla Shanghai factory is expected to produce cars as early as November this year.
Editor’s note: This article is from Tencent Technology, revising the Golden Deer.
On January 7, 2019, Tesla CEO Elon Musk attended the groundbreaking ceremony of the Shanghai Super Factory
September 19, according to foreign media reports, market research firm JL Warren Capital recently estimated that Tesla’s sales in the Chinese market should reach about 6,400 this quarter, most of which are from its most affordable electric Car Model 3.
The car’s standard mileage series has a minimum price of 364,000 yuan (about 51,000 US dollars) and is very popular in China. Earlier this month, after Tesla and dozens of other electric car manufacturers received tax breaks, orders surged. The “purchase tax” exemption reduces the cost of purchasing Tesla in China, saving up to 99,000 yuan (about $14,000) for consumers.
However, JL Warren Capital expects that Tesla’s plant in Shanghai may not be able to mass produce Model 3 by mid-2020, which means it will produce between 1,000 and 2,000 cars per week.
For Tesla, China is one of its most critical growth markets, and the company’s CEO, Elon Musk, advertised the company in a financial conference call in January this year. Plans in China. He said at the time: “We need to let the Shanghai factory put into production as soon as possible. I think its maximum annual output can reach more than 500,000. Our car is too expensive to sell to China, it needs to pay import tax, bear the transportation cost, and more. High labor costs.”
Muske told investors on the conference call that by the end of 2019, Tesla should be able to achieve a Model 3 production target of 1,000 or even 2,000 vehicles per week at the Shanghai plant.
After analyzing the public record and interviewing people who have first-hand knowledge of Tesla’s “Super Factory No. 3″, JL Warren Capital isA report to its clients stated: “The small-scale test production at the Tesla Shanghai plant will begin in the fourth quarter, but it is expected to increase production in the first and second quarters of 2020, with the goal of 2,000 new cars will be produced every week in June 2020.”
The report also stated: “Unlike the full automation of California production, the Tesla 3 super factory will be semi-automatic because the local labor cost is still less than fully automated. Due to the semi-automatic nature (including people will fatigue Need to rest, etc.) By the middle of 2020, the No. 3 super factory will produce up to about 2,000 units per week during this period, while California will produce 5,000 units per week.”
JL Warren Capital pointed out in the report that it is expected that the Shanghai factory will not be able to produce cars until November of this year, unless they are manufactured by hand, and the production line there may take two months to complete. (Tencent Technology Review / Jinlu)