Tesla has produced one million electric cars— becoming the first automaker to achieve the milestone. The company’s CEO Elon Musk made the announcement by sharing a picture of the car, a red Model Y, and congratulated the Tesla team on hitting the milestone.
Congratulations Tesla team on making our 1,000,000th car!! pic.twitter.com/5M99a9LLQi
— Elon Musk (@elonmusk) March 10, 2020
Only a few years ago, many people didn’t believe that Tesla could produce electric vehicles in any significant numbers, but the automaker managed to ramp up three electric vehicle programs: Model S, Model X, and Model 3.
Now it is about to launch its fourth electric vehicle, the Model Y, and it is doing it on the momentum of a new milestone.
Significant Production
The new milestone also points to significant production achieved through the first quarter of 2020.
Tesla’s production capacity has also increased in 2020 with the ramp-up in production at Gigafactory Shanghai, Tesla’s second vehicle-producing factory in the world.
Production Capcacity
The automaker plans to achieve an annual production rate of 150,000 electric cars at the location this year. Combined with the Fremont factory, which should exceed a capacity of 500,000 vehicles by the end of the year, Tesla should have an annualized production capacity of 650,000 cars.
40,000 Electric Vehicles per Month
Based on the count last year and this new data point of the one-millionth Tesla car, it would mean that Tesla’s production rate is currently at about 40,000 electric vehicles per month.
A 60-Minute recap video—seen below—perfectly encapsulated the doubt and way of thinking Tesla and Elon Musk have had to struggle against. As noted in the 2018 interview, Tesla has survived against all the odds and grown into a respectable EV company. However, there is still doubt about whether Tesla can thrive, especially with legacy automakers entering the EV game.
Autoscomunity would like to congratulate Elon Musk and the Tesla team on its 1 millionth car. We appreciate all the hard work, sleepless nights, and the challenges you endured to reach this milestone. And we will continue to support Tesla and Elon Musk.
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