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In another notable achievement, Tesla announced a record ramp-up for the Model Y at its Shanghai Gigafactory, completing the process in just six weeks. This rapid production cycle showcases Tesla's efficiency and its potential to scale operations quickly. Lutz mentioned that vehicles produced in this manner could serve dual purposes—meeting consumer demand while also contributing to Tesla's future ride-hailing fleet.
This dual production strategy allows Tesla to potentially alleviate any worries about consumer demand. Instead of worrying about excess inventory, Tesla can utilize any surplus to further expand its Robo Taxi service, highlighting a new avenue for revenue generation.