Elon Musk Confirms Texas Still On The Cards For New Cybertruck Factory [Yahoo! Finance News]
Tesla, Inc. (TSLA)
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Source: Yahoo! Finance News
Tesla TSLAHe also described the company’s California, Fremont factory as ‘at max capacity.’ The Fremont factory is currently in shutdown but should resume normal operations on May 4 following the expiration of the area’s stay-at-home directive.“Not saying new Giga will be in Texas, but Cybertruck will be produced there wherever it is, as Fremont is at max capacity” Musk told Twitter- a comment which earned him over 1,000 likes. He separately confirmed that an Austin-based ‘Giga Texas’ is an option for the company.Musk also clarified that the factory would produce both Cybertrucks and Model Y vehicles, adding “Needs to be more than halfway to east coast.”With multiple states and regions offering various incentives in their factory bids, Musk wrote “Incentives play a role, but so do logistics costs, access to a large workforce with a wide range of talents, and quality of life.”Tesla’s highly anticipated new electric pickup truck, the Cybertruck, is slated to hit the market in 2021. It w
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