Earlier in March, Tesla had to halt production at the factory for two days due to COVID testing.
The total and partial shutdowns for Tesla Shanghai and suppliers will make it difficult to determine if Tesla is outperforming in Q1 (Jan, Feb, March) production with an abundance of batteries.
Another 1 day Tesla Shanghai shutdown and partial COVID shutdowns for last 3 days of the month. We do not get a good read of what is happening with additional Tesla Shanghai ramp. With the shutdowns anything over 180k for Shanghai and over 330k for the quarter is positive. Before this latest shutdown and just the two day earlier shtudown, I would have said 338k+ and 186k for Shanghai was pretty good. There is still a potential 8+k surprise. It will be easier to see in April or May if Tesla China’s monthly production pushes to 75k+ to see if the rumors of 90-95k monthly production capacity are true.
SOURCES- Bloomberg
Written by Brian Wang, Nextbigfuture.com
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
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