Tesla Shanghai Megafactory Set to Finish by End of 2024

Recent reports from China indicate that the Tesla Shanghai Megafactory is on schedule to be completed by the end of 2024, with operations set to commence in the first quarter of 2025.

Construction Timeline:

• The Tesla Shanghai Megafactory broke ground in late May 2024.
• According to a report from the Shanghai Observer, the Megapack factory in China is expected to finish construction by the end of 2024.
• If the facility is completed by the end of Q4 2024, it will have been built in just seven months.
• This timeline would make the Shanghai Megafactory's completion faster than that of Giga Shanghai.
• Giga Shanghai began construction in January 2019 and started vehicle production by the end of that same year.

Details of the Shanghai Megafactory:

• The Shanghai Megafactory is Tesla’s first energy storage facility outside the United States.
• According to previous reports, production of Megapacks is set to begin in Q1 2025.
• The factory is expected to produce up to 10,000 Megapacks annually, totaling nearly 40 GWh of energy storage.
• The Shanghai Megafactory has already secured its first customer, with the Shanghai Lingang Economic Development Group placing the inaugural Megapack order during the groundbreaking ceremony.

What They’re Saying:

• Tesla's Senior Vice President of Automotive, Tom Zhu, commented on the recent news regarding the completion of the Shanghai Megafactory.
• “I’m proud of the team! Many people underestimate Tesla’s unique strength: our ability to develop manufacturing capabilities tailored for the rapidly evolving AI era. Once the entire automotive industry shifts to full autonomous driving, the real competition will be about how efficiently we can produce vehicles. We will be ready,” Zhu stated in a post on the social media platform X.
• He also shared a quote from martial arts legend Bruce Lee: “Speed is not just the ability to move quickly but the ability to adapt quickly. It’s the synchronization of mind and body, the elimination of unnecessary movements, and a focus on precision. The essence of speed lies not in haste but in efficiency.”

---The article is excerpted from teslarati.

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