Tesla To Open Factory Critical To Growth Ambition

Combined With A New Berlin Factory

The Austin factory is expected to double the company the annual production capacity to 2 million vehicles. 

Tesla Said...

It would also expand production at factories in California and Shanghai. 

Annual Increment

It expects 50% annual increases in deliveries over a multiyear period. 

Along With The Deliveries

There will be always be the potential for some hiccups along the way. 

Morning Analyst Seth Goldstein

Said, adding that Tesla eventually would overcome any ramp-up difficulties as it did with Model 3 production several year ago 

Tesla Has Said It Will Use...

Giant casting presses to make the rear and front of the cars at new factories, in a bid to reduce manufacturing time and costs 

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