Last April, Tesla opened a facility called Giga Texas that will have the capacity to produce 500,000 vehicles a year. The plant covers an area of 250 hectares and currently produces 250,000 vehicles per year. Tesla CEO Elon Musk announced on Twitter that the company will expand its land area after the Giga Texas plant is at full capacity. This area will be called “ecological paradise”, and it is an additional 522,720 feet (12 hectares) that will be open to the public and will have a boardwalk and numerous amenities.
Ecological paradise plans from south portion of Giga Texas to river look great, however we must first get the factory financially on its feet
— Elon Musk (@elonmusk) September 21, 2022
This is positive news for Tesla, as the company has recently been under fire for safety and mechanical problems. Despite this, Tesla records sales growth every year. Last year, the company recorded a growth of 3 percent compared to 2020, and in the first six months of this year, 564,700 vehicles were delivered.
Six months ago, Tesla opened its first plant in Europe. It is a $5 billion investment, with which the company wants to reduce the pressure on plants in Asia and the United States. “This is a big day for the factory and it is another step towards a sustainable future,” Musk said.
At full capacity, the plant will produce 500,000 vehicles per year, significantly more than Volkswagen, which sold 450,000 electric vehicles worldwide last year.
Source: Elon Musk via Twitter