UK markets closed
  • FTSE 100

    7,204.55
    +14.25 (+0.20%)
     
  • FTSE 250

    22,931.66
    +14.61 (+0.06%)
     
  • AIM

    1,234.19
    -7.18 (-0.58%)
     
  • GBP/EUR

    1.1801
    -0.0060 (-0.51%)
     
  • GBP/USD

    1.3759
    -0.0036 (-0.26%)
     
  • BTC-GBP

    44,157.76
    -1,766.77 (-3.85%)
     
  • CMC Crypto 200

    1,453.34
    -49.69 (-3.31%)
     
  • S&P 500

    4,544.90
    -4.88 (-0.11%)
     
  • DOW

    35,677.02
    +73.94 (+0.21%)
     
  • CRUDE OIL

    83.98
    +1.48 (+1.79%)
     
  • GOLD FUTURES

    1,793.10
    +11.20 (+0.63%)
     
  • NIKKEI 225

    28,804.85
    +96.27 (+0.34%)
     
  • HANG SENG

    26,126.93
    +109.40 (+0.42%)
     
  • DAX

    15,542.98
    +70.42 (+0.46%)
     
  • CAC 40

    6,733.69
    +47.52 (+0.71%)
     
  • Oops!
    Something went wrong.
    Please try again later.

Tesla Shanghai to make 300,000 cars Jan-Sept despite chip shortage - sources

·1-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

BEIJING (Reuters) - Tesla Inc's Shanghai factory is expected to produce 300,000 cars in the first nine months of the year, capped by a delivery rush in the end of the July-September quarter, despite a global semiconductor shortage, two sources said. 

  The factory makes the electric Model 3 sedans and Model Y sport-utility vehicles for domestic and international markets, including Germany and Japan. 

  Around 240,000 vehicles were shipped from the factory in the first eight months, including many for export, according to data from the China Passenger Car Association. Tesla has not announced details on the factory's production. 

  The sources requested anonymity, as they were not allowed to speak to media. Tesla did not immediately respond to a request for comment. 

  In August, an official in the area where Tesla's factory is located said it is expected to product 450,000 vehicles this year, including 66,100 for export. 

  Tesla is hiring managers for legal and external relations teams in China as it faces public scrutiny in the country over data security and customer service complaints. 

  (Reporting by Yilei Sun and Brenda Goh; Editing by Dan Grebler and William Mallard) 

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting