On Thursday night, Musk spoke at a grand opening event for the electric vehicle maker's new factory near the Austin airport in Texas.
At the event, he talked about how big the new factory is, and teased products that are still in development, including the Cybertruck, and a robot that he promised would look futuristic.
It wasn't easy building this humongous building and getting all this equipment here, Musk said, sporting a large black cowboy hat.
If you put the building on its side, it will be taller than the Burj Khalifa. According to his calculations, there could be over 200 billion hamsters in the building.
The CEO said that the company wants to make 500,000 Model Ys in one year. The company hopes to start production of its Cybertruck in Texas next year, according to Musk.
The timelines often shift. Russia's brutal invasion of Ukraine has caused chip shortages and soaring prices for raw materials.
In the last year, we have delivered over a million cars, Musk said.
According to research by AutoForecast Solutions, fully electric cars comprise more than 75% of all new cars sold in the US today, with fully electric vehiclesconstituting 4% of all new vehicle sales domestically.
Musk plans to expand the driver assistance program to a wider audience.
Musk said that they are aiming to go to wide beta for almost all Full Self-Driving customers in North America this year. The company sells a package of driver assistance that is called Full Self-Driving. The new features on public roads can be tested by owners who have the premium option. The program is limited to a few people.
Tesla celebrated its new vehicle and battery factory in Austin, Texas with a “Cyber Rodeo” event on April 7, 2022.The Austin plant was built in about two years. The first US car plant was owned by GM and Toyota and was adapted to build the Model S sedan and Model X SUVs, the first mass-produced vehicles, and later the more affordable Model 3 and Model Y.
The factory in Fremont is still operating, but the company wants to increase production of its Model Y electric vehicles and batteries in Austin, and to make the Cybertruck in Texas for customers in North America.
The vice president of global vehicle forecasting 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266
With new products on the way, they need more plant space. He thinks the Austin factory should help the company improve the quality of their cars and reduce their manufacturing costs.
They have built a couple million vehicles so far and should have figured out what works and what doesn't. They should be able to improve the positives.
Musk said on Thursday night that the Model Y vehicles being produced in Texas feature what's known as a structural pack, meaning the cells in the cars carry the load.
Before the Texas event, a grand opening was held for a new plant in Germany.
Due to health restrictions in the region, the company's Shanghai factory has been closed for days at a time.
The share price of the social media company soared after it was revealed that Musk had taken a 9% activist stake and would take a seat on the board.
Musk did not discuss his plans for the company at the party, but he built his brand on social media.
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