Tesla's Giga Berlin has reached a new milestone. On Monday, local time, Tesla tweeted that weekly production of Model Y at its Berlin, Germany, mega-factory surpassed 4,000 units. Tesla shares rose about 2 percent before the U.S. stock market Monday.
4k Model Y built at Giga Berlin this week 🤘— Tesla Europe (@tesla_europe) February 27, 2023
Congrats to the Tesla team! pic.twitter.com/VJ0qBPkQ6U
According to the original production plan, Tesla intended to increase production at the Berlin plant to 4,000 units in the week of March 13 and to more than 5,000 units by the end of June, and the latest news means that this is three weeks ahead of the original plan.
Overall, the Berlin plant is going much more smoothly than expected. Last year Tesla has repeatedly delayed delivery of the Model Y performance version made in the Giga Berlin, possibly due to problems with its electric SUV drive unit.
The Giga Berlin reportedly opened on March 22, 2022, and weekly Model Y production reached 1,000 units in mid-June last year, 2,000 units in early October and 3,000 units in mid-December.
As Tesla's second overseas superfactory, the Berlin, Germany plant will be tasked with a very ambitious goal for Tesla - a capacity of 500,000 units, close to 10,000 units per week. And the current Tesla Giga Shanghai Model Y production is about 13,000 units per week.
Despite efforts to speed up production, Tesla has been unable to meet customer demand and expected delivery dates have been repeatedly pushed back for the Model Y. The Model Y is Tesla's best-selling model and was the best-selling car in all of Europe in November of last year.
Last month, Brandenburg's economy minister Jörg Steinbach said that Tesla's Berlin plant would speed up production to reduce customer waiting times.
Next, the Berlin plant will continue to expand its operations until it reaches its next goal. That goal is to produce 5,000 Model Ys per week, which means annual production will reach 260,000 units.
It is worth noting that just last week, Tesla has suspended plans to produce the entire battery in Germany and will instead move some of the production steps to the United States, where taxes are more favorable.
On Wednesday, Tesla will hold a much-anticipated Investor Day, and the suspense of Musk's previously proposed Master Plan Part 3 will be revealed.