Tesla aims to start China production this month
Tesla's China factory aims to start production this month but it is unclear when it will meet year-end production targets due to uncertainties around orders, labor and suppliers.
The U.S. electric vehicle maker aims to produce at least 1,000 Model 3s a week from the new factory by the end of this year, the centerpiece of its ambitions to boost sales in the world's biggest auto market and avoid higher import tariffs imposed on U.S. cars.
The plant's mass production schedule is crucial for Tesla's hopes of reaching its total production rate at an annualized 500,000 vehicles by the end of this year.
The $2 billion factory -- Tesla's first car manufacturing site overseas -- gained key government approvals last month and is on schedule to start production in October.
«We aim to start production in October, but the actual production volume depends on many factors including car orders we received, performance of newly hired workers, supply chain and so on. It's unclear when we can reach the 1,000-2,000 units per week target» a Tesla executive told to Reuters Presseagentur.