Tesla Is Constructing Another Gigafactory East Of Austin
Tesla probably needs another Gigafactory.
Today’s big news was that Tesla has sold out all of their cars that they produced for Quarter 2. This happened with two months left in the quarter and the refreshed Model S and Model X haven’t even been produced in big numbers yet. This is an indication that Tesla might need to think about producing more cars if they want to meet demand.
What this project entails
This project is still in the planning phase. Documents show that this will be called the “Bobcat project”. The Gigafactory will be located off of Harold Green road which is on the outskirts of Austin. Tesla has reportedly bought over 2000 acres to construct this factory. There are conflicting reports though as some sources say Tesla bought 2,500 acres and others say they only bought 2,100 acres. Musk was able to receive a big tax break to get all of this done.
The location itself
This was just an empty stretch of land. This is good because Tesla is not having to jump through so many hoops to have something built here. This new Gigafactory will be only a little more than a stone’s throw away from the airport. The Colorado river weaves its way near the land this new Gigafactory will be built on.
The components of this new factory
Tesla is already somewhat far along in the construction of this new Gigafactory. Tesla has a lot of new vehicles that have arrived on the market or are on the way. Demand seems to be increasing for Tesla as of late. Tesla is going to have a main building to this factory which is what is reportedly under construction now.
Timetable for completion
It is not quite clear as of now when Tesla believes they are going to complete this new Gigafactory. However, when it was first reported last year that Tesla wanted to build a second Gigafactory, the plan was that Tesla wanted to build this structure quickly. This does seem like a very tight timetable though, and on top of that Tesla seems to really need to get this Gigafactory done.
Elon Musk has established that Texas would be his home base. Although, at the rate Tesla is growing it will be interesting to see where Musk puts his resources. Musk has made it known that it is in fact China that is the place that Tesla sees as their best market in the long term. Tesla is also working on getting their operation into India. Regarding the U.S, there could be more Gigafactories in the future. There has been chatter in the past about Tesla placing a Gigafactory in Tulsa, Oklahoma.
Overall, Tesla is trying to get everything squared away for this new location, and we should be in for more updates as Tesla gets closer to rolling cars off the assembly line as the new Gigafactory materializes.
Daniel Cappo reports Tesla developments at Torque News. He has had a passion for cars ever since age five when his grandparents let him drive their old golf cart around their property in Upstate NY. He has attended numerous auto shows, and even got the chance to drive a Ferrari California on the track. Ever since Tesla opened up a dealership at his local mall, he's been an avid follower of their cars and technology. Dan has a B.S. in Public Communication from U Vermont. Follow Daniel on Twitter and LinkedIn for daily Tesla News.