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In additional optimistic news, Tesla China reported an impressive week of vehicle sales, achieving 18,600 registrations in a single week—an increase of nearly 8% compared to the previous year. Coupled with its ongoing goal to streamline production and deliveries, Tesla seems poised for a robust finish to 2023, and analysts are eager to see how this will carry over into the new year.
Moreover, Tesla's new Shanghai mega-pack factory has officially commenced trial production as of December 27. This facility was built in record time of just seven months, showcasing Tesla’s efficiency in expanding its energy storage solutions. The factory aims to contribute significantly to production levels, projected to reach 10,000 units per year.