
Tesla CEO Elon Musk shared a major milestone by the company this evening—producing its 1,000,000th electric vehicle.
“Congratulations Tesla team on making our 1,000,000th car!!”, tweeted Musk, sharing pictures of the company’s staff surrounded by a red Model Y compact SUV, set to deliver to the first U.S. customers next week.

Back in January, Tesla announced during its Q4 earnings it will be ready to make 500,000 units of combined Model 3 and Model Y units per year, by mid-2020. The company shipped 112,095 vehicles in Q4, while also announced its Model Y production timeline was ahead of schedule.
The first Model Y deliveries to the U.S. are set to start next week, while the first Canadian Model Y deliveries are set for “mid-2020”.
Tesla took 16 years to make its one-millionth vehicle and based on its Q4 projections, it should take just another two years to make its second millionth.
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