Shanghai Tesla plant was able to produce more than 100,000 electric cars in a month for the first time - but its output will be cut by 20% due to falling demand

The Tesla plant in Shanghai was able to set a new record for the production of electric cars per month, giving away more than 100,000 cars in November.

Here's What We Know

Tesla upgraded several production lines at the Shanghai plant this year. As a result, the rate of production of electric cars has increased to 1 million a year, which is about 90,000 a month.

In November, the plant was able to set a record, producing 100,291 cars. Compared to October of this year the increase was 40%, and to November of last year - as much as 90%. However, the market cannot keep up with such a pace, which is why Tesla will be forced to reduce production volumes by 20%. Although the company does not officially confirm this information.

100,000 cars per month means that the Shanghai site will be able to produce 1.2 million cars per year. The Chinese plant has become the largest enterprise, whose products are sold in China and exported to Europe. What part of 100 000 Tesla cars was sold we will know in about 1-2 weeks.

Source: Electrek

Image: electrive