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Friday, May 15, 2020

Wow, Wow, Wow -- Tesla Moving Hook, Line, And Sinker (Or At Least The Cybertruck) To Texas -- May 15, 2020

Link at ZeroHedge.
Several days after Tesla CEO Elon Musk threatened to move out of California after a highly publicized spat with Alameda County over Musk's push to reopen Tesla's Fremont Plant and force workers to return despite questions about safety ...

After President Trump spoke out in Musk's defense, Alameda County folded and Musk mostly got his way.

But apparently, the bad taste that the incident left in Musk's mouth has prompted him to leak a story about Tesla picking Austin, Texas, as the site of its next Gigafactory. Tesla has three "gigafactories" - one in Nevada, one under construction in Berlin, and one in Shanghai.

The news was reported by Elektrek, a blog and frequent recipient of Tesla-related leaks, which it often reports uncritically, leading many to suspect that the blog's "extremely reliable source" is none other than Musk himself.

As Elektrek notes ... the timeline is "surprisingly aggressive" (just like all of Musk's "timelines").

Giga Texas is expected to produce the new Tesla Cybertruck.

According to a reliable source familiar with the matter, Tesla CEO Elon Musk is set on bringing the next Tesla Gigafactory, or now Terafactory, to Austin, Texas, or at least close to the city.

The people familiar with the project said that Musk has tasked the engineering team working at Gigafactory Nevada, to start the process for the new factory, which is expected to make the Tesla Cybertruck electric pickup truck and the Model Y.

Tesla’s CEO also reportedly wants to move extremely fast.

We are told that the decision for the site is not set in stone since Tesla was apparently given a few options in the greater Austin area, but Musk is said to want to start construction extremely soon and aims to have Model Y vehicles coming out of the plant by the end of the year.

It would be an even more aggressive timeline than Gigafactory Shanghai. 
I am now a huge fan of  Elon Musk. Go Elon!

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