Elon Musk, chief government officer of Space Exploration Technologies Corp. (SpaceX) and Tesla Inc., speaks throughout an occasion on the SpaceX launch facility in Cameron County, Texas, U.S., on Saturday, Sept. 28, 2019. Musk gave house followers an replace Saturday night on the standing of “Starship,” the next-generation automobile his SpaceX plans to make use of to finally take people to Mars. Photographer: Bronte Wittpenn/Bloomberg by way of Getty Images
Bronte Wittpenn | Bloomberg | Getty Images
By 9 a.m. London time on Wednesday, over 131,000 folks had voted with 79.2% of voters selecting the “Hell yeah” possibility, and the rest voting for “nope.”
Gigafactory is the identify Musk has given to Tesla’s manufacturing vegetation. Currently there are two within the U.S. and one in Shanghai, China. Musk introduced final yr that Tesla’s first European manufacturing facility can be constructed round Berlin, Germany.
On the corporate’s fourth-quarter earnings call final week, Musk defined the necessity to ramp up battery manufacturing to fulfill the demand for Tesla’s vehicles.
“We got to scale battery production to crazy levels that people cannot even fathom today. That’s the real problem,” he stated.
That’s the place these extra factories may also help. Musk didn’t give any additional particulars on his Twitter feed.
Tesla’s shares have seen a meteoric rise just lately. In the previous 5 days, shares of the electrical carmaker are up over 38% and have greater than doubled for the reason that begin of the yr.