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Tesla has produced 1,000,000 cars and commemorating with a red Model Y

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Tesla has produced its 1,000,000th electric car, with CEO Elon Musk celebrating on Twitter by sharing a photo of a red Tesla Model Y and congratulating Tesla’s team for the notable achievement.

The latest production figure marks a major milestone for the California-based electric car company that has lived through a tumultuous history with the automotive industry and lawmakers since its founding in 2003. Musk served as an investor and chairman of its Board of Directors in the early days of the company before becoming Chief Executive Officer in 2008 and spearheading a project that would turn its two-seater, all-electric Roadster prototype into a viable product. Tesla would produce its first electric Roadster (No. 1), belonging to Musk, later that same year.

Now, twelve years since Musk took the helms of the Silicon Valley-based startup as CEO and nearly a decade since the serial entrepreneur transitioned the company to become public through an IPO in 2010, Tesla has produced 1 million cars and has become one of the most valuable automakers in the world.

Including the Tesla Roadster, the company has successfully launched four electric cars to the mass market: Model S large luxury sedan, Model X SUV, Model 3 sedan, and days away from launching its fifth vehicle – Tesla Model Y crossover.

Tesla has seen a massive year-over-year increase in its production numbers since the launch of Model S in 2012. Having produced roughly 20,000 vehicles in 2013 from its factory in Fremont, California, and tripling that number to 62,000 in 2015, Tesla would continue its remarkable growth story as the company persevered to overcome “production hell” and apply its learnings in design and efficiency to a scale-out of its production line to support multiple vehicles.

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Tesla closed 2019 to big results after posting an annualized total vehicle production rate in Fremont at just over 415,000 units. As the company focuses its efforts on expanding the production line at Fremont to support Model Y, Tesla expects to reach a capacity of 500,000 units per year when factoring Model 3 and its current fleet of vehicles.

On the other side of the ocean, Tesla’s factory in Shanghai, China continues to see a meteoric rise in its output capabilities and expects to achieve an annualized production rate of 150,000 units for locally-produced Model 3, followed by production of China-made Model Y.

With the rapid development of its European factory in Berlin underway, we imagine that it won’t be long before Musk and the Tesla team will be celebrating its 2,000,000th car produced.

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Tesla CEO Elon Musk to provide more details for Master Plan Part IV

Musk stated that he would be adding specifics to the plan in a later update.

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Credit: xAI/X

Tesla CEO Elon Musk will be adding more specifics to the recently-released Master Plan Part IV. Musk shared the update on social media platform X amidst conversations about the general nature of the Master Plan Part IV. 

In a conversation on X, Musk responded to a post from Tesla retail shareholder and bull Dave Lee, who observed that the currently released Master Plan Part IV could really just be the introduction to the real plan due to its absence of specifics.

Elon Musk responded, stating that he would be adding specifics to the plan in a later update. “Fair enough. Will add more specifics,” Musk wrote in his post.

Tesla has been following Elon Musk’s Master Plans for decades. The first Master Plan, released in 2006, outlined the company’s path from the original Tesla Roadster to the Model 3, as well as the first steps for Tesla Energy. Master Plan Part Deux, released in 2016, covered the ramp of Tesla Energy, the expansion of Tesla’s vehicle lineup, and the rollout of a Robotaxi service.

Master Plan Part 3 was more ambitious as it was generally an in-depth proposal for achieving a global sustainable entry economy by transitioning to electricity-powered vehicles, homes, and industry, which will, in turn, be powered by renewable energy sources like solar and wind. Master Plan Part 3 also included a five-step plan to accomplish this, allowing the world to transition to a fully electrified future. 

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Master Plan Part IV, which was released a few days ago, focused on automation and artificial intelligence to achieve sustainable abundance. But while the first two Master Plans were very clear and specific and Master Plan Part 3 was very in-depth, Master Plan Part IV was quite general and vague in comparison. It was easy to tell that Optimus would play a big role in the pursuit of sustainable abundance, but apart from that, there were no specifics as to how Tesla intended to achieve its goals.

Fortunately, these specifics would be discussed by Musk in a later update to the plan.

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Tesla just had its best wholesale month this year in China

Tesla China’s wholesale figures include both vehicles that are sold domestically and exported abroad.

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Credit: Tesla China

Tesla China just had its best wholesale month this 2025 so far. In August, the electric vehicle maker sold 83,192 vehicles wholesale, a 22.55% increase compared to July 2025’s 67,886 units.

Tesla China’s wholesale figures are still down year-over-year, but the company’s momentum seems notable, especially with the arrival of the Model Y L.

August 2025 figures

As noted in a CNEV Post report, August 2025’s 83,192 wholesale figures are 4.04% less than the 86,697 units that were sold in the same period last year. It is, however, a 22.55% improvement from the previous month. From January to August, Tesla China sold 515,552 units wholesale, a 12.24% year-over-year decrease. 

It should be noted that Tesla China’s wholesale figures include both vehicles that are sold domestically and exported abroad. With this in mind, August’s results bode well for Tesla China, as it suggests that Gigafactory Shanghai is now hitting its pace with both its domestic deliveries and its exports. Giga Shanghai serves as Tesla’s primary vehicle export hub.

Model Y L factor

Tesla had a challenging first quarter this year, thanks in part to the changeover to the Model Y across the Fremont factory, Giga Texas, Giga Shanghai, and Giga Berlin-Brandenburg. This changeover resulted in low sales in the first quarter. Political controversies surrounding Elon Musk and violence against Tesla stores and vehicles in the first and second quarters in the United States and Europe did not help much either.

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This Q3, however, Tesla seems to be hitting its stride, especially in China. The launch of the new Model Y L has allowed Tesla to compete in the six-seat, large SUV segment, a market that was previously closed to the standard Model Y. Reports have suggested that Tesla China has been seeing a lot of demand for the Model Y L, which should help the company achieve higher sales this quarter and the remaining months of the year.

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Tesla Model Y L sales have been incredible since launch: report

Tesla China’s sales this third quarter could see a notable improvement.

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Credit: Tesla China

A recent report from China has suggested that the Tesla Model Y L has been seeing an impressive volume of orders since it was launched last month.

Amidst the Model Y L’s rollout, Tesla China’s sales this third quarter could see a notable improvement.

Model Y L orders

Citing information from a salesperson from a Tesla store in Beijing, media outlet Cailianshe stated that the Model Y L has been resonating well with consumers, particularly bigger families that need more space for their children. The salesperson stated that since the vehicle’s unveiling in China, the Model Y L has garnered 120,000 orders, and almost 10,000 new orders daily.

“(The Model Y L) is selling very well. Since its launch, 120,000 orders have been received, with nearly 10,000 orders placed every day. The first batch of customers began receiving deliveries in the past two days,” the Tesla representative noted.

More momentum

China is the world’s largest electric vehicle market, and it is also the most unforgiving and competitive. While the standard Model Y consistently performed well in the premium crossover SUV segment, it was high time for Tesla China to offer a larger vehicle for domestic consumers. There are quite a lot of customers, after all, who need more space than what the standard Model Y could offer.

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The Model Y L’s spacious interior seems to be well appreciated by consumers, with the Tesla Beijing salesperson noting that the vehicle’s excellent rear seats have been a notable selling point. “Although the Model YL is a bit more expensive, it has more space and a more flexible rear seat, making it perfect for families with children,” the representative added.

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