Part 6/12:
Tesla’s China operations remain a bright spot. A recent report from Reuters revealed that Tesla's Shanghai Gigafactory has ramped up production significantly in the fourth quarter. Over the past four years, China sales have increased by an astonishing 44% in the last quarter—more than double the worst quarterly growth during that span. This suggests that Chinese demand will help offset any US market softness, with an expected additional 90,000 units sold in China in Q4.
The positive outlook is supported by recent standards updates, such as the Model Y L, and anticipated regulatory alignments that could further accelerate sales. Overall, a 20% growth in Chinese sales is predicted, which will bolster Tesla’s global position.