Tesla's Texas Triumph: 4,000 Model Ys Produced In A Week

Benzinga2023-04-03

Elon Musk-led Tesla Inc touched a fresh milestone for Model Y vehicle production last week at its Gigafactory in Texas.

What Happened: Tesla achieved production of 4000 Model Y vehicles last week in Austin, Tesla said via Twitter.

“Congrats Giga Texas team on building 4k Model Y this week!”, Tesla tweeted, with a video of the celebrating workforce at the gigafactory.

Tesla announced that Giga Berlin touched 5000 builds per week in late March with a time-lapse video of assembling a Model Y. But unlike Giga Berlin, which focuses on battery cell manufacturing and Model Y, Texas is focused on Model Y and its much-awaited Cybertruck.

Tesla has been attempting to ramp up Cybertruck production at Austin. The EV giant has significantly ramped up hiring across roles for the Cybertruck which is expected later this year.

On Sunday, Musk tweeted that he walked down the Cybertruck production line at Giga Texas for several hours.

"Gonna be awesome," he said of the vehicle, adding that it "feels like the future."

Price Action: Tesla shares closed up 6.2% to $207.46 on Friday, according to Benzinga Pro data.

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Comments

  • All in Tesla
    2023-04-03
    All in Tesla
    Tesla continues to ramp up simple maths economies Of scale reduces costs. Interesting to see Q1 earnings which could see massive upside or downside 🤔
  • romanc9
    2023-04-03
    romanc9
    Some said is overvalued. Well, I think some will take Tesla to court for making investors into believing they actually producing 4000 of Y, just like making dodgecoin case. Some will used twitter as a tool to deminished Musk so they can short Tesla. Shortist will come out with things to stop Tesla shares from going North. All these people, I hope Musk will give them a good time in shorting his baby, Tesla. We see the next few days Tesla shot thru the roof of $258..bear, sit tight with a box of pop corn, see how Tesla pop up. 
  • LimBT
    2023-04-03
    LimBT
    Ok
  • Patek1975
    2023-04-03
    Patek1975
    To the moon 
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