Tesla Forecast Shows 4Q Boost, 2023 Growth in Vehicle Output, Documents Show -- Reuters
01 October 2022 - 03:34AM
Dow Jones News
--Electric-vehicle maker Tesla Inc. plans to boost global
production of its Model Y and Model 3 vehicles in the fourth
quarter and into next year as its newer factories ramp up in
Austin, Texas, and Berlin, Reuters reported Friday, citing internal
plans it reviewed and two people familiar with the matter.
--Tesla's forecast includes producing almost 495,000 Model Y and
Model 3s in the fourth quarter of this year, according to the
report.
--The production plans would see Tesla blow past projected
growth in the global market for autos by close to a factor of 10
next year with a production increase of more than 50%, according to
the report.
--If achieved, Tesla would be close to the scale of German auto
maker BMW by the end of 2023, Reuters reported.
--Tesla did not immediately respond to requests for comment from
Dow Jones Newswires.
Original story:
https://www.reuters.com/business/autos-transportation/exclusive-tesla-output-forecast-shows-jump-q4-growth-through-2023-sources-2022-09-30/
Write to Kathryn Hardison at kathryn.hardison@wsj.com
(END) Dow Jones Newswires
September 30, 2022 13:19 ET (17:19 GMT)
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