Tesla has aggressively cut production of the Model Y at its Shanghai factory in recent months due to slowing demand for the EV, but it’s unclear if similar cuts are planned at its factories in the U.S. and Germany.
Information from the China Association of Automobile Manufacturers (CAAM) reveals that the Shanghai site built 49,498 Model Ys in March and 36,610 units in April, a significant decline of 17.7% and 33% from the same months in 2023. An unnamed source has told Reuters that Tesla planned to cut Model Y output by at least 20% from March to June.
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