Tesla is reportedly shipping 7,000 made-in-China cars to Europe – CNBC

Tesla is reportedly shipping 7,000 made-in-China cars to Europe – CNBC

Tesla will begin shipping made-in-China electric cars to Europe on Tuesday, according to Chinese media reports.

About 7,000 Model 3s made at the Shanghai gigafactory are set for arrival in Belgium at the end of next month, with planned deliveries to countries including Germany, France, Italy, the Netherlands, Portugal, Switzerland and Sweden, state-backed news outlet The Paper said Monday.

Tesla did not immediately respond to a CNBC request for comment.

Following past manufacturing issues, Tesla CEO Elon Musk said the automaker produced 143,036 vehicles in the third quarter. The company said Model 3 production capacity for the Shanghai factory has now reached 250,000 units a year in the year since it opened.

Because of supportive government policies and less costly technology, analysts predict that Europe and China — the largest auto market in the world — will see significant growth in electric vehicle sales in the coming years.

CNBC

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