Tesla compact concept by Alwin
Gigafactory Shanghai is Tesla’s most recently completed Gigafactory, and a new update confirms that the site is already looking to launch a new model.
Tesla China received approval on January 29, 2020 for an environmental impact report from Lingang’s Area Development and Construction Management Committee, which included approval for a “new model early launch project,” as reported by Tesmanian.
As a result, the company will now be able to start building a Phase 2 factory, where it will eventually launch production of the new model, according to the report.
Giga Shanghai is becoming a production powerhouse. Watch mega castings for Model Y coming out of 6k-ton Giga presses. The whole process is fully automated, including quality check. Pretty mind blowing to say the least. pic.twitter.com/PBMUpDjnD8
— Ray4Tesla⚡️🚘☀️🔋 (@ray4tesla) February 2, 2021
The report states that, upon completion, the project will include manufacturing facilities for the Model 3, Model Y, and “related derived models.” While the new project won’t need to break new land, it will be the first model to be produced beyond Tesla’s California factory.
Coupled with recent reports of a $25,000 (USD) Tesla with the potential to begin production as early as 2022, the idea of a new model from Tesla is definitely starting to take shape.
In its 2020 Q4 earnings report, Tesla also mentioned a “future product,” which it had reportedly already been working on, based on the Model 3 chassis.
In any case, a new Tesla design from Gigafactory Shanghai is not only welcomed by the world, but needed. Whether or not this compact car turns out to be the $25,000 originally alluded to at Battery Day is yet to be determined, but one thing is for sure: Tesla’s getting ready to produce a brand new model.
