Tesla continues to rapidly expand throughout the world, and despite two new Gigafactories having opened earlier this year,
fully operational this year, so the move to establish its next factory comes fairly quickly on the heels of those.
At the meeting, Musk also asked stockholders to guess where the next gigafactory would be located. While it’s unclear where the factory will be built as of yet, Musk did give a special note to those who answered Canada.ReutersTesla also reached three million cars produced just before the stockholder meeting, announced Musk. He added that Tesla had only produced 3,000 cars a decade ago, adding that the company may be able to reach 100 million cars produced in the next decade.
Currently, Tesla has U.S. factories in Fremont, California; Sparks, Nevada; Buffalo, New York; Austin, Texas; and now others outside the U.S. in China and Germany. Just the Texas, China, and Germany factories are considered automotive gigafactories. To achieve 10–12 gigafactories, Tesla would need to build 6–8 new gigafactories in addition to the one Musk says the automaker could announce this year.
Compared to legacy automakers, Musk says that Tesla’s manufacturing has a “long-term sustainable advantage” over rivals as the EV industry begins to emerge. Whether Tesla can reach goals of 10–12 gigafactories is yet to be seen, but if the last few years are any indication of the automaker’s future, it’s certainly not out of the question.
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