Since opening in 2018, the Shanghai Gigafactory has been running at full speed. Thanks to this factory, Tesla manages to produce an immense quantity of Model 3 and Model Y for the Chinese market. As production is important, Tesla was even considering exporting vehicles made in this factory to other markets.
However, plans appear to have changed according to a report released this week by Reuters. To date, the Shanghai Gigafactory has the capacity to produce more than half a million vehicles per year, and the American manufacturer does not intend to stop there. In order to be able to export vehicles to new markets from China, Tesla is therefore considering expanding its factory. For this, it is necessary to acquire new land, this is where things get complicated.
Conflicts between China and the United States disrupt Tesla’s business
Due to growing tensions between the United States and China, the expansion plans envisaged by Tesla have become complicated, if not nearly unthinkable at the moment. A situation that slows down Tesla in its tracks. Currently, the American manufacturer is enjoying phenomenal success in the world’s largest automobile market. Between January and March, Tesla generated more than $ 3 billion in revenue from Chinese sales alone. This represents almost 30% of the total revenues of the company.
Tesla who, however, wastes no time and is building a mysterious new building around the Gigafactory in Texas. Known as the Bobcat Project, it is currently impossible to determine what this building will be used for, and Tesla does not wish to say more at this time. We only know from documents filed with the municipality that Tesla could build a facility of nearly 40 hectares.