Part 5/9:
On the subject of global expansion, discussions highlighted the potential need for new factories in emerging markets like India and Southeast Asia to serve local consumer demand. Wang indicated that while current outputs might satisfy demand at 8 million to 10 million vehicles per year, if projections of drastically increased demand become realized, additional factories will allow Tesla to harness nearby markets efficiently.
However, it was noted that establishing additional factories may not be urgent at this stage, particularly as Tesla learns to optimize its existing production capabilities.