Tesla celebrates 10 million drive unit production milestone
$Tesla (TSLA.US)$ $BYD COMPANY (01211.HK)$ $NIO Inc (NIO.US)$ $XPeng (XPEV.US)$ Tesla has announced its latest milestone - it has produced its 10 millionth drive unit from its facilities. The milestone was shared by the electric vehicle maker in a post on social media platform X
Tesla’s 10 millionth drive unit milestone comes less than two months after the company announced that Giga Nevada had produced its five millionth drive unit. With this in mind, it would appear that for now at least, it appears that the majority of drive units that Tesla has produced were manufactured in Giga Nevada, which supplies the Fremont Factory.
My Take: Despite Tesla is producing a new model, Cybertruck, the company is still capable of making 5 million vehicles produced in less than two months.
Source:
$BYD COMPANY (01211.HK)$ $BYD Co. (BYDDF.US)$ $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Tesla (TSLA.US)$ $VOLKSWAGEN A G (VWAGY.US)$ $NIO Inc (NIO.US)$ $Li Auto (LI.US)$ $XPeng (XPEV.US)$ $General Motors (GM.US)$ $Ford Motor (F.US)$ $Rivian Automotive (RIVN.US)$ $MERCEDES-BENZ GROUP AG (MBGAF.US)$ $TOYOTA MOTOR CORP (TOYOF.US)$ $GEELY AUTO (00175.HK)$ $Stellantis NV (STLA.US)$
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I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.
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