Tesla surpasses 3 mn car production mark: Elon Musk

by IANS |

New Delhi, Aug 15 (IANS) Elon Musk has announced that his electric car company Tesla surpassed the milestone of producing 3 million vehicles.

Tesla cars have so far achieved over 40 million miles and the company expects to reach 100 million miles at the end of this year.

"Congrats Giga Shanghai on making the millionth car! Total Teslas made now over 3 mn," Musk tweeted late on Sunday.

Earlier this month, Musk hinted that Tesla would probably build "at least 10 or 12 gigafactories" in years to come.

Musk said that the long-awaited Cybertruck (announced in 2019) will also be unveiled soon, though he did not give further details.

Tesla reported $16.93 billion in revenue in Q2 and automotive made $14.6 billion of the total sales.

In an earnings call, Musk said that Tesla's new factory outside of Berlin crossed 1,000 cars per week in June.

Tesla was the third biggest automaker in mainland China in the first half of this year. It delivered almost 200,000 vehicles to customers during this period.

Over 413,000 EVs were sold in the US in H1 2022, including over 64,000 electric pick-up trucks.

"Despite the improved range of vehicle types and EVs from more brands, Tesla still accounted for almost 60 per cent of sales in the US in H1 2022," according to Chris Jones, VP and chief analyst at Canalys.

Tesla is the leader in the BEV segment, with a strong performance from its Model Y and Model 3 accounting for 565,000 of vehicles sold during H1 2022, giving it a market share of 14 per cent.

Latest News
Woman ASI suspended for hugging BJP's Hyderabad LS seat candidate Mon, Apr 22, 2024, 04:47 PM
Squash: Ramit Tandon's impressive run at El Gouna ends in third round Mon, Apr 22, 2024, 04:46 PM
VC investments, deals grew in India in Q1 despite fall in global activity: Report Mon, Apr 22, 2024, 04:41 PM
How VIP culture vanished under Modi government Mon, Apr 22, 2024, 04:38 PM
Akhilesh Yadav not to contest Kannauj, names Tej Pratap Yadav as candidate Mon, Apr 22, 2024, 04:36 PM
UN backed experts present final report on allegations against UNRWA Mon, Apr 22, 2024, 04:33 PM
China, Australia discuss FTA implementation Mon, Apr 22, 2024, 04:24 PM
S. Korea, U.S. to hold new talks over cost-sharing for USFK Mon, Apr 22, 2024, 04:13 PM
Pak PM calls on int'l community to strive for ecologically conscious, greener approach Mon, Apr 22, 2024, 04:00 PM
Constituency watch: Will 'Lotus' bloom in Adhikari bastion of Kanthi? Mon, Apr 22, 2024, 03:48 PM
I League's best goalkeeper Padam Chettri 'vows to improve everyday' Mon, Apr 22, 2024, 03:41 PM
Entrepreneurship is about doing things faster, creating competitive advantage: Narayana Murthy Mon, Apr 22, 2024, 03:38 PM
Experience unparalleled features with realme NARZO 70 5G & NARZO 70x 5G, fastest smartphones in the segment Mon, Apr 22, 2024, 03:30 PM
Iranian President Ebrahim Raisi lands in Islamabad on three-day visit Mon, Apr 22, 2024, 03:29 PM
Delhi HC dismisses PIL seeking 'extraordinary interim bail' for CM Kejriwal with 75k costs Mon, Apr 22, 2024, 03:23 PM