Tesla’s Shanghai Megafactory appears to be closing in on completion. This was, at the very least, hinted at in current updates that had been shared on social media.
Just like the Lathrop Megafactory, the Shanghai Megafactory is designed to provide Megapack batteries. Throughout his opening remarks on the Tesla third quarter 2024 earnings name, Elon Musk said that the Shanghai Megafactory will begin with a 20 GWh per yr run-rate when it begins operations in Q1 2025.
Whereas Tesla has been offering updates concerning the Shanghai Megafactory on occasion, precise movies of the ability’s buildout have been fairly scarce. This was partly as a consequence of Tesla China reportedly proscribing the airspace round and close to the Giga Shanghai complicated. Thus, whereas it was no secret that the Shanghai Megafactory was being constructed over 2024, only a few pictures of the mission have been shared on-line.
BREAKING!!!
New pictures of Tesla Megapack manufacturing facility in Shanghai
Per my supply the “MegaPactory” is large although not as large as Giga Shanghai
Doable that Cybercab might be produced right here
About 600 meters from Giga Shanghai pic.twitter.com/a2w01KzzZV
— Warren Redlich – Chasing Desires 🇺🇸 (@WR4NYGov) November 25, 2024
That’s, at the very least, till just lately, with TSLA retail investor @WR4NYGov sharing quite a lot of pictures that had been taken close to the Shanghai Megafactory from a supply that reported opted to stay nameless. As may be seen within the pictures, the Shanghai Megafactory appears all however full, and it undoubtedly appears like it will likely be prepared to begin producing Megapack batteries within the first quarter of 2025.
$TSLA 🇨🇳
NEWS: The completion of Tesla’s Shanghai Power Manufacturing facility is in sight.Bullish🔥🔥🔥 pic.twitter.com/DKVQdjHt2Y
— Tsla Chan (@Tslachan) November 25, 2024
The Shanghai Megafactory is anticipated to assist Tesla Power develop to report highs. Through the Q3 2024 earnings name, Elon Musk famous that it will not be lengthy earlier than Tesla begins delivery 100 GWh a yr of stationary storage. Amenities just like the Shanghai Megaactory are anticipated to play a pivotal position in Tesla’s efforts to develop its vitality enterprise.
“It gained’t be lengthy earlier than we’re delivery 100 GWh a yr stationary storage at Tesla. And can that — I imply, that can in the end develop, I feel, to a number of TWh per yr. It has to really to be able to have a sustainable vitality future. For those who’re not on the terawatt scale, you’re probably not shifting the needle,” Musk said.
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