The
2nd Model Y GA line coming online within 3 month increases Giga Shanghai nameplate annual production capacity by ~50% (300K Models 3, 250K Model Y NMC,
+250k Model Y LFP in Q3). And yes, Tesla built the
3rd Stamping workshop to support this 3rd GA line (
Chur!)
JPMorgan on Tesla “With this competitive offering (Model Y LFP), we believe Tesla Shanghai’s production volume (domestic sales and exports) will continue to ramp from the current ~33k units/month toward potentially 40k-60k units/month by year-end.” $TSLA
Cheers!
P.S. I estimate Giga Shanghai's nameplate production capacity to reach 67K/mth by the end of 2021 (higher then the est'd range of 40-60K/mth from JPMorgan Asia-Pacific)