Tesla's First Megafactory Outside US To Start Production On Feb 11: Report

Quick Summary:

The Shanghai megafactory is the company's first factory dedicated to the production of energy storage products outside the U.S. Currently, Tesla has only one other factory dedicated to manufacturing megapacks, located in Lathrop, California.

What Happened: According to a report from local media outlet Shanghai Securities News, the megafactory in Shanghai, Tesla’s second globally, will start production on Feb.11 and ramp up capacity in the first quarter.

EV giant Tesla Inc.(NASDAQ:TSLA) will reportedly start production at its Shanghai megafactory on Feb.11, less than a year after starting construction.

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Article Details

Author / Journalist: Anan Ashraf

Category: Technology

Markets: United States

Topics: Electric vehicles TSLA Tech News Energy storage KeyProj EVs Mobility Benzinga US88160R1014 Megapack

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-06 @ 06:59:30 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 375 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 25921303

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