These are no small feats, especially considering the company’s recent production delays at their Austin, Texas and Berlin facilities. Is he blowing smoke, or are Musk’s tall proclamations achievable?
Musk announces new lofty goals for Tesla
Although Musk didn’t confirm or deny whether Canada was correct, he did drop some hints indicating that the U.S.’s northern neighbor was soon to receive a gigafactory.
Where does Tesla currently have gigafactories?
Tesla currently has gigfactories operating in Fremont, California; Sparks, Nevada; Buffalo, New York; Austin, Texas; Shanghai, China; and Berlin, Germany. It’s been a struggle for Tesla to manage their Austin, Shanghai, and Berlin locations in particular.
Should Tesla fans and stockholders believe Musk’s announcements?
Like anything else that Elon Musk says, it should be taken with a grain of salt.
With that in mind, though, InsideEVs points out that Tesla was only producing 3,000 EVs about a decade ago, and they reached three million units during the summer of 2022. It’s certainly not out of the question for the EV giant to pump out 20 million in the next 10 years.
Find a better EV car insurance policy—Jerry’s here to help you make the switch