Tesla Shanghai Megafactory officially launches operations
Briefly

Tesla has officially launched production at its Shanghai Megafactory, the first facility offshore dedicated to battery storage products, specifically the Megapack. Capable of producing 10,000 units annually, the Megafactory signifies a significant step towards enhancing Tesla's global presence in battery storage solutions. The rapid construction, dubbed 'Tesla Speed', was completed in merely seven months, highlighting the efficiency of Tesla's operations. This new facility complements the existing Lathrop Megafactory in California and may pave the way for future expansions, as hinted during the recent earnings call.
The Shanghai Megafactory is capable of producing 10,000 Megapacks, equal to about 40 GWh, per year, marking Tesla's strategic expansion into battery storage products.
The speed of the Shanghai Megafactory's construction has been described as 'Tesla Speed,' translating to a construction period of just about seven months.
Read at TESLARATI
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