1,000 Model Y Teslas a Week, and Two More Numbers to Know

Read The Full Article On: Barrons

esla’s Main Factory Will Produce 1,000 Model Ys each week, starting next year. That’s according to Baird’s Brian Kallo. He recently toured Tesla’s Fremont, California, plant with investors. The newly unveiled Cybertruck might have dominated the headlines recently, but the Model Y is a crucial car for Tesla.

That’s because the Model Y is a smaller-size sport-utility vehicle—a very important part of the auto market. And importantly for investors, Kallo thinks the Model Y will make Tesla (TSLA) more profitable.

Read The Full Article On: Barrons


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