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Tesla Plans For A Second Plant In Shanghai To Increase China Production Capacity to 2M Cars: Report
Tesla Plans For A Second Plant In Shanghai To Increase China Production Capacity to 2M Cars: Report
Electric vehicle leader $Tesla(TSLA.US)$ has ambitious plans for China, a country considered to be a vital part of the company's growth story.
What Happened: Tesla is starting to organize a second plant in Shanghai as early as next month, Reuters reported, citing people familiar with the matter. The rumored plant along with the expanded capacity of the original Giga Shanghai will take the U.S. EV maker's China production capacity to an annual rate of up to two million units, the report said.
A capacity of this magnitude puts Tesla's production on par with major automakers operating in the country, the Reuters report said.
Japanese auto giant $Toyota Motor(TM.US)$ produced 1.6 million vehicles in China in 2021 and $General Motors(GM.US)$ along with its Chinese partner SAIC Motors had a tally of 1.4 million units for the same period.
The new plant reportedly will be located in the vicinity of the company's existing production base in Lingang, Pudong New Area.
Related Link: Why This Analyst Thinks Tesla Is a $2,500 Stock And When It May Reach That Price Target
Why It's Important: Tesla is doubling down on its investment in China. A recent filing with the local Shanghai government revealed the company is proposing to expand part manufacturing capacity at its Giga Shanghai to meet export demand.
The Giga Shanghai serves as Tesla's export base. The company ships vehicles out of the plant to Europe, as the reopening of the Giga Berlin plant has been pushed back due to environmental concerns. The company currently manufactures its Model 3 sedans and Model Y SUVs in its Chinese plant.
Tesla delivered 484,130 units of Giga Shanghai-made cars in 2021, which includes both domestic sales exports. Production capacity during the year was at 450,000 units.
TSLA Price Action: Tesla shares were down 0.14% at $760.79 Thursday morning at publication.
Related Link: After Strong Q4 Deliveries, Does Tesla's Growth Hinge On These 2 Factors?
Photo: Model 3 courtesy of Tesla Inc.
Electric vehicle leader $Tesla(TSLA.US)$ has ambitious plans for China, a country considered to be a vital part of the company's growth story.
电动汽车领先者$特斯拉(TSLA.US)$该公司在中国制定了雄心勃勃的计划,中国被认为是该公司增长故事的重要组成部分。
What Happened: Tesla is starting to organize a second plant in Shanghai as early as next month, Reuters reported, citing people familiar with the matter. The rumored plant along with the expanded capacity of the original Giga Shanghai will take the U.S. EV maker's China production capacity to an annual rate of up to two million units, the report said.
发生的事情:路透社援引知情人士的话报道,特斯拉最早将于下月开始在上海组织第二家工厂。报道称,传言中的这家工厂,加上最初的上海千兆(Giga Shanghai)扩大产能,将使这家美国电动汽车制造商在中国的年产能达到200万辆。
A capacity of this magnitude puts Tesla's production on par with major automakers operating in the country, the Reuters report said.
路透社报道称,如此规模的产能使特斯拉的产量与在该国运营的主要汽车制造商不相上下。
Japanese auto giant $Toyota Motor(TM.US)$ produced 1.6 million vehicles in China in 2021 and $General Motors(GM.US)$ along with its Chinese partner SAIC Motors had a tally of 1.4 million units for the same period.
日本汽车巨头$丰田汽车(TM.US)$2021年在中国生产了160万辆汽车,$通用汽车(GM.US)$以及它的中国合作伙伴上汽汽车同期销量为140万辆。
The new plant reportedly will be located in the vicinity of the company's existing production base in Lingang, Pudong New Area.
据报道,新工厂将位于该公司位于浦东新区临港的现有生产基地附近。
Related Link: Why This Analyst Thinks Tesla Is a $2,500 Stock And When It May Reach That Price Target
相关链接:为什么这位分析师认为特斯拉是2500美元的股票,以及它什么时候可能达到这个价格目标
Why It's Important: Tesla is doubling down on its investment in China. A recent filing with the local Shanghai government revealed the company is proposing to expand part manufacturing capacity at its Giga Shanghai to meet export demand.
为什么它很重要:特斯拉正在加倍其在中国的投资。最近提交给上海当地政府的一份文件显示,该公司正提议扩大其上海千兆工厂的部分制造能力,以满足出口需求。
The Giga Shanghai serves as Tesla's export base. The company ships vehicles out of the plant to Europe, as the reopening of the Giga Berlin plant has been pushed back due to environmental concerns. The company currently manufactures its Model 3 sedans and Model Y SUVs in its Chinese plant.
上海千兆轿车是特斯拉的出口基地。该公司将车辆从工厂运往欧洲,因为出于环境考虑,Giga柏林工厂的重新开工已被推迟。该公司目前在其中国工厂生产Model 3轿车和Model Y SUV。
Tesla delivered 484,130 units of Giga Shanghai-made cars in 2021, which includes both domestic sales exports. Production capacity during the year was at 450,000 units.
特斯拉在2021年交付了48.413万辆上海制造的千兆汽车,其中包括国内销售出口。年内产能为45万台。
TSLA Price Action: Tesla shares were down 0.14% at $760.79 Thursday morning at publication.
特斯拉价格行动:周四上午公布时,特斯拉股价下跌0.14%,至760.79美元。
Related Link: After Strong Q4 Deliveries, Does Tesla's Growth Hinge On These 2 Factors?
相关链接:在第四季度交付强劲之后,特斯拉的增长是否取决于这两个因素?
Photo: Model 3 courtesy of Tesla Inc.
图片来源:Model 3由特斯拉公司提供。
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moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
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