Tesla has now made 1 million electric cars

Posted on Tuesday, March 10 2020 @ 11:37 CET by Thomas De Maesschalck
Tesla logo
When Elon Musk set out to start an electric car company, many people thought he was nuts (and we aren't even talking about his other gig, SpaceX). Over the years, Tesla got criticized and ridiculed many times and it's a small miracle that the company is still alive and kicking.

After persevering through many hurdles, Tesla has become a massive success story. The company set out a new track, not only with its battery technology but also via the way it makes and designs its cars, the self-driving car technology, and the high level of integration that makes it possible to innovate at a rate that can't be matched by traditional car makers.

After going through a production hell, the company's hard work is paying off as it can now make significant numbers of cars. Elon Musk just shared on Twitter that Tesla has made its one millionth car, a red Model Y.

Tesla manufactured 415,000 cars at its Fremont, California facility in 2019, a number that's expected to climb to 500,000 this year. The new fab in Shanghai, China is expected to make 150,000 cars this year, and is already being upgraded to a capacity of 260,000 a year.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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