Tesla Ramps Up Model Y Production as Sales Rebound in Key Markets
Tesla confirms no job cuts at Giga Berlin and accelerates production of the refreshed Model Y to address declining sales in early 2025.
- Tesla's Giga Berlin plant manager ruled out job cuts or production stoppages, stating that production is ramping up following a Model Y refresh.
- The Shanghai Gigafactory has increased production of the updated Model Y, with weekly registrations in China rising steadily since early March.
- February sales saw significant declines in Europe and China, but March registrations indicate a rebound in markets like Spain and China.
- Reports of a massive order backlog for the refreshed Model Y in China were refuted, with actual demand considered moderate and current delivery timelines of two to ten weeks.
- Tesla's Model Y remains its best-selling vehicle globally, with production adjustments focused on meeting demand for the refreshed version.