Tesla has plans to build another industrial facility on its Austin campus.

 

 

 

Elon Musk bigger than big at the inauguration of the new Tesla mega factory in Texas


If Elon Musk creates a new religion, he would be followed by millions of fans, the inauguration of the new Tesla factory in Austin on Thursday, April 7 has the appearance of a star concert, in the tradition of the fantastic billionaire who celebrates the extraordinary growth of his company and its establishment in Texas, far from the Californian culture.

Applicants from all over the world are flocking to the event to request tickets. It will seat up to 15,000 people, according to the Austin American-Statesman newspaper.

All the wildest rumors are on social networks without the secretive company communicating directly.

“Big party for the opening of Tesla’s new 74-acre, $1.1 billion home. Free interactive tours. Free barbecue. Open bar. Two stages with bands and other entertainment. +Sunset talk,” the WhenWhereWhatAustin Instagram account, which lists events in the Texas capital, posted Tuesday, April 5.

“Rich man’s problem”

“Giga Texas,” with an area equivalent to a hundred soccer fields, has already been in operation since late 2021.

The “mega” become common because it is the fifth “mega factory” of Tesla, after those in Nevada, New York, Shanghai and Berlin – the first European site of the car manufacturer, which opened with great fanfare in March.

These are multi-purpose factories because they produce cars, but also equipment and batteries on a very large scale.

According to Jessica Caldwell, of the specialist firm Edmunds, the Austin plant will produce the Model 3 and Y, “and it’s also where the Cybertruck pickup and the Semi truck will be made,” which are due to start production in 2023.

“Tesla has a rich problem: demand is outstripping supply to the point that Model Ys and some Model 3s are being delivered five to six months late in some parts of the world,” notes Wedbush Securities analyst Dan Ives. “The solution is mainly in Austin and Berlin.”

Tesla wants to grow its deliveries by an average of 50% a year, and should still “comfortably” exceed that goal in 2022, Elon Musk said on a conference call in January.

Tesla is not close to a record as the manufacturer has already delivered more than one million vehicles over the last twelve months, despite current production constraints related to the shortage of electronic chips.

In the first quarter of 2022 alone, Tesla delivered 67% more vehicles than in the same period in 2021, while Toyota and General Motors saw their sales fall by more than 20% in volume.

 

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Tesla has plans to build another industrial facility on its Austin campus.
REAL PHOTO INC.

 

 

 

Elon Musk bigger than big at the inauguration of the new Tesla mega factory in Texas


If Elon Musk creates a new religion, he would be followed by millions of fans, the inauguration of the new Tesla factory in Austin on Thursday, April 7 has the appearance of a star concert, in the tradition of the fantastic billionaire who celebrates the extraordinary growth of his company and its establishment in Texas, far from the Californian culture.

Applicants from all over the world are flocking to the event to request tickets. It will seat up to 15,000 people, according to the Austin American-Statesman newspaper.

All the wildest rumors are on social networks without the secretive company communicating directly.

"Big party for the opening of Tesla's new 74-acre, $1.1 billion home. Free interactive tours. Free barbecue. Open bar. Two stages with bands and other entertainment. +Sunset talk," the WhenWhereWhatAustin Instagram account, which lists events in the Texas capital, posted Tuesday, April 5.

"Rich man's problem"

"Giga Texas," with an area equivalent to a hundred soccer fields, has already been in operation since late 2021.

The "mega" become common because it is the fifth "mega factory" of Tesla, after those in Nevada, New York, Shanghai and Berlin - the first European site of the car manufacturer, which opened with great fanfare in March.

These are multi-purpose factories because they produce cars, but also equipment and batteries on a very large scale.

According to Jessica Caldwell, of the specialist firm Edmunds, the Austin plant will produce the Model 3 and Y, "and it's also where the Cybertruck pickup and the Semi truck will be made," which are due to start production in 2023.

"Tesla has a rich problem: demand is outstripping supply to the point that Model Ys and some Model 3s are being delivered five to six months late in some parts of the world," notes Wedbush Securities analyst Dan Ives. "The solution is mainly in Austin and Berlin."

Tesla wants to grow its deliveries by an average of 50% a year, and should still "comfortably" exceed that goal in 2022, Elon Musk said on a conference call in January.

Tesla is not close to a record as the manufacturer has already delivered more than one million vehicles over the last twelve months, despite current production constraints related to the shortage of electronic chips.

In the first quarter of 2022 alone, Tesla delivered 67% more vehicles than in the same period in 2021, while Toyota and General Motors saw their sales fall by more than 20% in volume.

 

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