Tesla’s Giga Shanghai Production Capacity Holding at 93%, Says Report

Although Tesla upgraded its Gigafactory Shanghai production lines in July and August, the automaker won’t use them at full capacity for the time being, claims a report.

Tesla’s Giga Shanghai plans to remain below maximum output capacity, running at about 93 percent despite recent upgrades, according to two sources familiar with the matter, reports Reuters.

The sources, who asked to remain unnamed due to the matter not being public, didn’t say why the factory planned to avoid reaching max production capacity. However, one source did say the figure was even lower than he expected.

Giga Shanghai boosted production by 30 percent with the upgrade, expected to produce around 22,000 vehicles per week.

The sources also said the factory can currently produce 14,000 Model Y and 8,000 Model 3 units per week. For the remainder of the year, however, Tesla plans to aim for 13,000 Model Y and 7,500 Model 3 units each week, for a total of 20,500 vehicles, or an annual capacity over 1 million vehicles.

Tesla’s sales dropped significantly in July due to production halts to upgrade output, though it went on to triple deliveries in August with the new capacity.

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Since the upgrades, Tesla has cut wait times in China in multiple instances over the past few weeks. The most recent drop to wait times made each of its vehicles include a potential delivery estimate minimum of just one week.