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Tesla tripled its production in May

Tesla reported that production tripled in May, this after the electric car manufacturer started up its Shanghai factory, closed for three weeks due to restrictions in the country due to the COVID-19 outbreak.

the China Tourism Association stated that Tesla produced 33,544 cars last month, compared to 10,757 in April; unit shipments were 32,165, of which 22,340 were exported to markets in Europe and the rest of Asia; and 9 thousand 825 went directly to pure national buyer.

They highlight that Elon Musk’s plant in China is capable of manufacturing 2,100 cars a day.

Source: Financial Post

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