Tesla EV Production Might Reach BMW's Capacity Level; Can It Become World's Largest Premium Automaker?

Tesla's EV production is expected to reach (or even overtake) the manufacturing records of BMW.

If the giant EV maker can exceed the production capacity of BMW, there's a chance that it can become the largest premium automaker.

BMW and Mercedes Benz are the top premium vehicle manufacturers across the globe.

In 2021, these two giant automakers produced 2.1 million (Mercedes Benz) and 2.5 million (BWW) cars.

Now, these are the numbers that Tesla needs to exceed or reach if it wants to become the biggest premium car maker in the world.

Tesla EV Production Might Reach BMW's Capacity Level

According to InsideEVs' latest report, Tesla is actually planning to become the world's number one premium carmaker.

Giga Texas and Giga Berlin may even play a key role in this goal to dethrone BMW and Mercedes Benz.

As of press time, the EV developer was able to manufacture almost 500,000 Model Y and three units in Q4 2022.

On the other hand, Tesla produced around 344,000 of the mentioned models in Q3 2022.

With these trends, many Tesla enthusiasts claim that the company will end 2022 with over 1.4 million EV units.

There's a high chance that this could happen, especially as Tesla ramps up its Gigafactories in Texas and Berlin.

Experts also concluded that Tesla can reach around 2 million units by 2023.

If ever the automaker exceeds this estimation, then it can beat the production records of BMW and Mercedes Benz.

Tesla Finishes Shanghai Plant Expansion

Since Tesla plans to become the largest premium automaker, it is making drastic efforts to expand the production capacities of its manufacturing plants.

Reuters reported that the EV manufacturer completed its production expansion project at its Shanghai plant.

The automaker said that it would test the production lines between Sept. 19 and Nov. 30. You can click here to see further details about this effort.

Previously, the Tesla Giga Texas delivered its 10,000th Model Y.

We also reported that Elon Musk plans to roll out thousands of his Tesla humanoid robots.

For more news updates about Tesla and its business activities, always keep your tabs open here at TechTimes.

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Written by Griffin Davis