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Tesla will build its next Gigafactory near Austin, Texas

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Tesla will build its newest Gigafactory near Austin, Texas, Chief Executive Elon Musk announced during the company’s earnings call on Wednesday.

The area takes up about 2,000 acres and will be roughly 15 minutes from downtown Austin, Musk said. He said the factory will be an “ecological paradise” and that it will be open to the public.

“We’re going to make it a factory that is going to be stunning it’s right on the Colorado River. So we’re actually going to have to have a boardwalk over you, hiking, biking trail. It’s going to basically be an ecological paradise,” Musk said.

The site will be used to build the company’s Cybertruck, its Semi and the Model 3 and Model Y for the eastern half of…



Source cnbc.com

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