Tesla Model 3 production and sales in China went through the roof and April looks promising too.
That's a huge improvement (450% up compared to 2,314 in February) - close to the previous report about Model 3 production above 10,000 - especially taking into consideration that the overall market went down 43.4% year-over-year.
We estimate that Tesla was responsible for about a fifth of the total all-electric car market in China last month.
Moneyball provides numbers for particular models, which indicate almost 12,000 sales of the Tesla Model 3:
- Tesla Model 3: 11,927 (compared to 2,284 in February and 3,183 in January)
- Tesla Model X: 650
- Tesla Model S: 132
- Total: 12,709 (compared to 2,314 in February)
It seems that the Tesla Gigafactory 3 produces electric cars at full swing and a five-digit number should be a common sight in the coming months.
At a manufacturing capacity of 150,000 annually, Tesla should be able to produce at least 12,500 MIC Model 3 per month.