At 5,700 units per week, Giga Shanghai has set itself a reasonable target of producing 22,800 models 3 by November. Considering it already produced 22,900 in October, there’s a good chance the plant will hit its target. If it maintains its weekly target, Gigafactory Shanghai could contribute around 60,000 vehicles to Tesla’s numbers this fourth quarter. This is expected to play a key role in helping the company meet its delivery targets of 500,000 vehicles in 2020.
The pandemic disrupted Fremont Factory operations for weeks at the end of the first quarter and the start of the second quarter earlier this year. At the time, meeting his goals for 2020 seemed bleak for Tesla. Automaker EV didn’t announce any adjustments to its 500,000 forecast in its Q2 2020 earnings call, in fact Tesla didn’t mention everything.
Giga Shanghai has been instrumental in Tesla’s three consecutive successful quarters this year and may continue to contribute to the company’s fourth-quarter targets, particularly its forecast. In the latest earnings call, Tesla finally spoke up on his forecast and said he would always try to stick to them.
“We are also aiming to meet our initial target of 500,000 deliveries for 2020 despite operational disruptions at the start of the year. While this goal remains a real challenge, we believe it is possible with tight execution across the company, ”CFO Zachary Kirkhorn said during the third quarter earnings call.
Watch a recent overview of Tesla’s Model 3 storage batch for Gigafactory Shanghai in the video below.