Apr 10, 2022

Tesla bull predicts between 5 to 10 new gigafactories in the next two years

Posted by in categories: Elon Musk, media & arts, sustainability, transportation

After a wild display of lights, music and futuristic technology, Tesla (TSLA) CEO Elon Musk kicked off the grand opening of the company’s new Texas gigafactory on Thursday.

The Austin plant — Tesla’s fourth globally — will manufacture the Model Y SUV and, next year, the highly-anticipated Cybertruck.

Tesla bull Kevin Paffrath predicts this is only the beginning electric-vehicle maker.

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