Tesla To Open Texas

Factory Critical To

Growth Ambition

The Austin factory is expected to double the company the annual production capacity to 2 million vehicles.

Combined With A New Berlin Factory

It would also expand production at factories in California and Shanghai.

Tesla Said....

It expects 50% annual increases in deliveries over a multiyear period.

Also Said That

There will always be the potential for some hiccups along the way.

Along With The Deliveries

Said, adding that Tesla eventually would overcome any ramp-up difficulties as it did with Model 3 production several year ago

Morningstar Analyst Seth Goldstein

Giant casting presses to make the rear and front of the cars at new factories, in a bid to reduce manufacturing time and costs

Tesla Has Said It Will Use