As per the_老虎社区_美港股上老虎

2021-12-17

As per the report by Electrek, the Gigafactory in Austin, Texas is scheduled to kick off its first production of the Tesla Model Y in a few days.

It is worth noting that the new factory of the EV maker is expected to double the production of the tech giant.

Currently, the production rate of the tech firm of Musk could only produce up to 500,000 vehicles in a year with its Fremont factory in California, wherein all of the EVs of Tesla in the United States are being assembled.

As such, the role of the Gigafactory is critical to the EV maker as it seeks to significantly increase its production rate when the Texas factory has already reached its full-blown output.$Tesla Motors(TSLA)$

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