City
Epaper

Musk hints at new Tesla Gigafactory, denies location is in Russia

By IANS | Updated: September 21, 2021 18:20 IST

San Francisco, Sep 21 Tesla CEO Elon Musk denied rumours that the electric vehicle company has selected a ...

Open in App

San Francisco, Sep 21 Tesla CEO Elon Musk denied rumours that the electric vehicle company has selected a Russian city as its next location for a new Gigafactory.

In the process, Musk hinted that Tesla is on the hunt for a new location, reports Electrek.

In Russia, local media reported that Musk has decided to build Tesla's next factory in Korolev, but the CEO denied the rumour in a comment on Twitter.

"Tesla has not yet decided on a fourth Gigafactory location," Musk wrote.

Tesla is currently in the process of starting production at two new massive factories, Gigafactory Berlin and Gigafactory Texas. These two factories are expected to more than double Tesla's production capacity.

They are also the first EV factories that Tesla has built from the ground up learning from its first experience at Gigafactory Shanghai, the report said.

With these three Gigafactories, Tesla would already have more electric vehicle production capacity than any other automaker, it added.

There have also been rumours that Tesla would build a second Gigafactory in Europe and the same rumours have been going on in Asia.

This month, a report said that Tesla is expected to reach 1.3 million deliveries in 2022.

Analyst Dan Ives from Wedbush Securities had said that he expects Tesla to deliver 900,000 vehicles this year and grow to 1.3 million vehicles in 2022.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic FutureDan ivesSan FranciscoTwitterBerlinSan francisco bayTwitter twitterTwitter sevaTwitter cmoTwitter inc.Twitter inc
Open in App

Related Stories

NationalAir India Flight From San Francisco to Mumbai Suffers Technical Snag; Passengers Deplaned at Kolkata Airport (Watch Videos)

MumbaiMumbai: Woman Who Helped Nab Dawood Ibrahim's Aide Falls Victim to Cyber Fraud, Loses Rs 23 Lakh

TechnologyX Down Again? Elon Musk-Owned Social Media Platform Faces Second Outage Within 24 Hours

CricketAmbati Rayudu Faces Backlash for 'Eye-for-an-Eye' Social Media Post Amid India–Pakistan Tensions, Later Issues Clarification

NationalX Blocks 8,000 Accounts in India After Government Order

Technology Realted Stories

TechnologySEBI approves NSE's derivatives expiry to Tuesday, BSE's to Thursday

TechnologyDigital transformation a strategic imperative that defines resilience: Salesforce

TechnologyDRDO tech serving as force multiplier in disaster response: DG Chandrika Kaushik

TechnologyGoogle Pixel 10 series to feature tele-macro camera capability

TechnologyMarkets end lower as Mideast tensions, rising oil prices weigh on sentiment