Part 6/8:
Despite existing challenges in the transition from old to new Model Y versions, Tesla continues to see robust demand. The Model Y garnered around 170,000 pre-orders in just a couple of weeks, highlighting the impressive interest in Tesla vehicles which could soar even higher with FSD capabilities.
Global Market Implications
Tesla's expanding footprint in China also presents unique operational advantages. Unlike legacy automakers, Tesla can pivot production and distribution strategies based on demand fluctuations across continents. For example, if demand declines in Europe, Tesla can reallocate resources to bolster sales in the booming Chinese market, which has the capacity to produce nearly one million units annually at its Shanghai Gigafactory.