Business Maverick: Elon Musk’s Cyber Rodeo Celebrates Tesla’s New Austin Plant

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 84%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Elon Musk threw an elaborate party for more than 15,000 people on Thursday night in the US to celebrate Giga Texas, Tesla Inc.’s newest factory in Austin, Texas, and the company’s rapid expansion.

The “Cyber Rodeo” featured art installations including a Tesla coil, multiple stages and a sea of Texas-made Model Y sport utility vehicles, arranged to look like the Texas state flag. Tesla’s chief designer, Franz von Holzhausen, appeared on stage with Musk and the forthcoming Cybertruck, which will go into production next year.

“Welcome to Cyber Rodeo,” said Musk, who wore dark sunglasses and a black cowboy hat on stage. “We’re going to talk about past, present and future.” The $1 billion factory, which is larger than the U.S. Pentagon, is critical to Tesla’s expansion. The company has been operating near capacity at its Fremont, California, plant since the heady days of 2018, when it erected a giant tent in the parking lot to boost output of the Model 3 sedan and ran out of room.

“It will be the highest volume car factory in the U.S.,” said Musk. It also has the potential of becoming the world’s biggest battery cell factory, he added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

• There’s no greater joy than having financial freedom and a life free of debts, that’s why I Zaza posting comments about AdamTrey01 who guided me trading onlin

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk made extra $156 million from his Twitter investment by failing to disclose his stake earlier | BusinessinsiderSince Musk potentially failed to meet SEC requirements for disclosing an investment above 5%, he's earned over $150 million on his Twitter investment.
Source: BISouthAfrica - 🏆 34. / 51 Read more »