Tesla reportedly had a very strong first month of the year at its locations across the globe, seemingly in direct response to the US EV maker's price cuts. According to folks who keep close tabs on Tesla factory production and deliveries, Giga Shanghai has been extremely busy, and a huge batch of exports was just cleared from Shanghai's Southport Terminal a few days ago.
We've heard stories about how Tesla's price cuts in the US are strongly accelerating sales, which makes perfect sense, as it's also encouraging Tesla's rivals to lower prices. Tesla has also been significantly reducing prices in China as it ramps up production after major upgrades to the factory late last year. Now that Giga Shanghai is essentially capable of producing more cars than Tesla typically sells domestically and abroad, the automaker appears to be ramping up exports yet again.
