Tesla (TSLA) announces it produced its 3 millionth electric car

Tesla has announced that it has recently produced its 3 millionth electric car since its inception back in 2004 (though production only started in 2008)…

Just last month, Tesla announced that Fremont factory had produced its 2 millionth electric car. The other million vehicles came from Gigafactory Shanghai, Berlin and Texas, which are all still ramping up production…

Tesla has famously set a goal to be able to produce 20 million electric vehicles per year by 2030. At the meeting, Musk said that he believes Tesla will need about 12 Gigafactories in order to achieve that goal. The automaker is already operating four Gigafactories, though it is still ramping up production at all those locations.

At the meeting today, Musk said that Tesla is likely to announce the next Gigafactory location later this year.