Tesla Started manufacturing its Model Y EVs in Giga Shanghai.
The Giant Automobile manufacturer Tesla started its Model Y Electric Car manufacture in GIGA SHANGHAI. As the company tremendous growth in 2020 both in MARKET CAP. as well as NO.OF.CARS PRODUCED Tesla’s Stock reached 661.77(USD) which is nearly close to 50k in INR.

Credits: Tesla.com

Now the company’s market cap is 627.29B(USD) which is double the addition of (Toyato+ Volkswagen+ Ford) annual Market Capital which is absolutely marvelous growth in 2020. The Company also achieved a mile tone of producing the large of cars in 2020 it produced nearly half a million of cars in 2020.

Credits: Statista.com

As the Company’s CEO Elon Musk Stated in 2010 that the Company will produce nearly half a million by 2020.

The Company also yet to construct its Giga factory in Berlin and Texas especially for the production of CYBERTRUCK .But interestingly the company stopped its Model S and X production for 18 days .So hopefully we expect a new design from Tesla by 2021. Until then Tesla had a Wonderful growth in 2020 since the Company was actually started in 2003 .

Credits: nextbigfuture.com

In 2020, Technological Companies really had a good profit in the while comparing their four quaters in 2019. So hopefully we expect a good start in 2021 both in technology as well as in health.
['Haribalaji R']
['Technology News', 'Elon Musk', 'Nasdaq', 'Tesla']