Best Chinese EV manufacturer is an American, says Tesla CEO Elon Musk

Tesla CEO Elon Musk referred to his own electric vehicle manufacturing company as the leading EV maker in China, the world's largest market for electric cars.
By : HT Auto Desk
| Updated on: 22 Jul 2022, 14:59 PM
File photo - Tesla CEO Elon Musk dances onstage during a delivery event for Tesla China-made Model 3 cars in Shanghai. (REUTERS)
File photo - Tesla CEO Elon Musk dances onstage during a delivery event for Tesla China-made Model 3 cars in Shanghai. (REUTERS)
File photo - Tesla CEO Elon Musk dances onstage during a delivery event for Tesla China-made Model 3 cars in Shanghai. (REUTERS)
File photo - Tesla CEO Elon Musk dances onstage during a delivery event for Tesla China-made Model 3 cars in Shanghai.

Tesla CEO Elon Musk claims his company is the best EV manufacturer in China, world's largest market for electric vehicles. According to reports, Musk said this during a meeting on Tesla's Q2 results. Though Musk praised his Chinese rival EV companies, he maintained that Tesla is the best China has.

China is one of the biggest markets for Tesla. It had set up its first Gigafactory outside the United States in Shanghai. During the meeting earlier this week, Musk referred to Chinese EV rivals saying, “They’re smart, they’re hardworking, and anybody that’s not as competitive as them will suffer a decline. Right now the best Chinese EV manufacturer is actually Tesla China."

Similar Cars

Find More Cars
Hyundai Kona Electric (HT Auto photo)
Hyundai Kona Electric
cc | Electric | Automatic
₹23.79 - 23.98 Lakhs**Ex-showroom price
Tata Tigor Ev (HT Auto photo)
Tata Tigor Ev
Electric | Automatic
₹11.99 - 13.14 Lakhs**Ex-showroom price
Tata Altroz Ev (HT Auto photo)
UPCOMING
Tata Altroz Ev
 
₹12 - 15 Lakhs* *Expected Price
Tata Nexon Ev (HT Auto photo)
Tata Nexon Ev
Electric | Automatic
₹13.99 - 16.85 Lakhs**Ex-showroom price
Tata Nexon Ev Max (HT Auto photo)
Tata Nexon Ev Max
Electric | Automatic
₹17.74 - 19.24 Lakhs**Ex-showroom price
Mg Zs Ev (HT Auto photo)
Mg Zs Ev
Electric | Automatic
₹21 - 24.68 Lakhs**Ex-showroom price

Tesla's China factory ended the second quarter with a record monthly production level, after being forced to shut down due to Covid-19 related lockdowns. Tesla lost about 40,000 units worth three weeks of production between March and April due to the lockdown. However, it managed to maintain a fraction of production. Tesla had its workers sleeping on-site or nearby to keep the facility running at bare strength. The Shanghai Gigafactory could deliver around 44,300 cars in April and May.

FOLLOW US:Stay Updated with latest content - Subscribe us on
FOLLOW US:Stay Updated with latest content - Subscribe us on

The lockdown in Shanghai ended last month. It saw EV shipments from Tesla’s factory shoot up to a record of 78,906 units. Tesla has also been upgrading its production lines at the Shanghai facility to make up for the lost time due to the lockdown. It aims to produce 7.50 lakh electric cars every year from its China facility, up from 4.50 lakh units earlier. Musk had earlier said Tesla will produce more than 1.5 million vehicles this year globally.

Tesla said it has delivered 2.54 lakh vehicles worldwide in the previous quarter, up 27 percent from a year ago but down from its first-quarter record of 3.10 lakh units. It was the first time in two years the company failed to increase vehicle deliveries from one quarter to the next. In April, Musk predicted the company would produce more than 1.5 million vehicles this year. Tesla had made about 564,000 through the first half.

First Published Date: 22 Jul 2022, 14:59 PM IST
Recommended For You
View All
NEXT ARTICLE BEGINS

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking VIEW OFFERS you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city