Tesla CEO, Elon Musk has revealed in a Wall Street Journal interview that the company’s next gigafactory would be announced before the end of this year. The interview clip was shared on Twitter by Tesla enthusiast, Sawyer Merritt.
Recently, Musk has been in discussion with several leaders including those from South Korea and France. Tesla already has a plant in Europe that was opened last year. It is now producing over 5,000 Model Ys per week, the same production rate for Model Ys that Tesla’s Texas-based Gigafactory is now hitting.
There have also been rumours that Tesla’s executives have been in touch with India’s officials on scoping if there is a good fit for the electric-car maker to set up manufacturing operations there.
Elon Musk on which is the most exciting country to build a @Tesla factory now: "We'll probably pick another location towards the end of this year."
On asked if India is interesting, Elon responded: "Absolutely" pic.twitter.com/OwINE5laSv
— Sawyer Merritt (@SawyerMerritt) May 23, 2023
Earlier this year Tesla announced that it would be building its next factory in Mexico. Tesla’s other major Gigafactories are in California and Shanghai.
Tesla is on a mission to produce over 20 million cars a year by 2030. With this target in mind, many more Gigafactories will be required.
The announcement of the next Tesla factory would be welcomed by many shareholders and customers. For most of us, it just means more cleaner and affordable EVs on the roads in the coming years.
Riz is the founder of carloop based in Melbourne, specialising in Australian EV data, insight reports and trends. He is a mechanical engineer who spent the first 7 years of his career building transport infrastructure before starting carloop. He has a passion for cars, particularly EVs and wants to help reduce transport emissions in Australia. He currently drives a red Tesla Model 3.