Tesla Inc TSLA The Gigafactory Texas is a massive factory built specifically to produce as many electric vehicles (and related products) in the most efficient way possible. That plant opened Earlier this year, but construction will continue for some time as the massive footprint allows the company to grow its production costs in the coming years.
But it’s not all work and play. How shared by Teslarati, Tesla has applied for a new 500,000 square foot expansion of the factory. And this time there should be an “ecological paradise” as CEO Elon Musk shared on Twitter.
The plans for an ecological paradise from southern Giga Texas to the river look great, but we need to get the factory up and running financially first
— Elon Musk (@elonmusk) September 21, 2022
But before the company can have its fun, Musk said the factory needs to “get back on its feet financially.” The ramp-up of the 4680 battery cells and the Model Y at Giga Texas been slower than expected, and the company needs to increase the number of batteries and vehicles produced before the factory itself turns a profit.
Photo courtesy of Tesla
