Tesla has announced that it has crossed the production milestone of one million cars, according to an announcement that the company’s CEO, Elon Musk made on Twitter. Musk’s tweet announcing the milestone was accompanied by a picture of the car, a red Model Y. He went on to congratulate the Tesla team on hitting the milestone. This is a truly significant milestone for Tesla considering that the electric vehicle startup was established only in 2003.
Tesla made its first consumer car, the Roadster in 2008 and took a little over twelve years to reach the million car mark. Based on the company’s current plans, it would take a lot less time to reach the two million mark. In the earnings report that it published in January this year, Tesla had said that it hoped to ship more than half a million cars this year.
Leading automotive manufacturers like Volkswagen and Toyota make more than 10 million vehicles on an annual basis. But considering that Tesla is a startup that makes only electric cars, its achievement of the million-dollar mark is truly commendable.
Tesla’s drive to achieve this milestone became more feasible once it started production of its models outside the United States. The first cars made at its Gigafactory in Shanghai came off the production line by the end of 2019. The company has already started development of the site for its fourth Gigafactory near Berlin.
Tesla is expected to start shipments of its Model Y in March well ahead of the stated schedule. Its cybertruck is also slated to begin production in late 2021.
Manju Mathew, an MBA in marketing, completed publisher training courses from the Oxford Brookes University and New York University. She started with marketing and PR roles before moving on to her current position as a full time writer. Currently living in Dubai, her life as an expat has sharpened her observation skills and flair for writing. She enjoys writing about luxury cars like Ferrari, Lamborghini, etc even if she can only dream of owning them.
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