Musk Reveals Tesla Will Announce a New Factory This Year in WSJ Interview [Video]

By Kevin Armstrong
Elon Musk reveals that Tesla will announce a new gigafactory this year
Elon Musk reveals that Tesla will announce a new gigafactory this year
Tesla

Tesla CEO Elon Musk dropped a significant piece of news during his recent appearance at the Wall Street Journal CEO Council. Tesla is preparing to announce another gigafactory location before the end of this year. This prospective development underscores Tesla's continued aggressive expansion on a global scale.

Musk's announcement has naturally sparked speculation about the location of this upcoming gigafactory. During the interview, when questioned about the potential of India as a factory site, Musk responded affirmatively. However, he stopped short of confirming any decisive plans for the South Asian country.

Elon Musk's Wall WSJ Interview

India: A Potential Destination Amid Challenges

Recent reports from Reuters have added fuel to this speculative fire. The news agency reported that Tesla has proposed to the Indian government the possibility of setting up a manufacturing unit in the country. The idea of a Tesla factory aligns with Prime Minister Narendra Modi's ongoing "Make in India" initiative. However, previous discussions were halted due to disagreements over India's high import taxes, and there is no concrete confirmation that the proposal will move forward.

Simultaneously, another potential contender for Tesla's new gigafactory location has been suggested by industry observers - Canada. The North American nation offers an attractive proposition due to its commitment to clean energy initiatives, abundant resources, and proximity to Tesla's home market in the United States. However, as with India, there's no official confirmation, and discussions about a potential Canadian gigafactory are speculative at this point.

Anticipating the Impact of Tesla's Expansion

What is definitive from Musk's announcement is that Tesla's ambitious global expansion plans are in full swing. With the Mexico gigafactory underway and another location soon to be revealed, Tesla continues to reinforce its mission of accelerating the global transition to sustainable energy. The choice of the new gigafactory's location will undoubtedly significantly impact the local economy, Tesla's growth trajectory, and the global EV industry.

One of Tesla's goals is to produce about 20 million vehicles annually. Elon Musk previously stated:

"Ultimately, we'll end up building probably at least 10 or 12 Gigafactories and they will be really big Gigafactories aiming for an average output of 1.5 to 2 million units per factory, which is enormous."

Tesla's vision of a sustainable future and its commitment to increasing production capacity reflects growth for the company and the growth of the clean energy movement worldwide. As Tesla continues to chart its path, the world watches, anticipating the exciting announcement of a new gigafactory by year-end. We'll keep a close eye on developments and bring updates as soon as they are available.

Tesla Begins Testing FSD in China

By Karan Singh
Not a Tesla App

Tesla was recently granted permission to test FSD on Chinese streets – specifically in Shanghai. Just recently, Elon Musk visited China and discussed the potential for FSD to come to China.

Gearing Up for FSD China

This is just the first step for Tesla to begin its customer deployments of FSD – Tesla conducts similar ADAS testing in North America, where special testing vehicles and testing employees run the latest FSD (Supervised) versions against a gamut of real-world, real-life tests.

Tesla has recently been working on translating FSD release notes into multiple languages, alongside building a data center in Shanghai and establishing an FSD Operations and Labelling team at the same center. These are the first, key steps to bringing FSD to a new market that has unique and different traffic rules when compared North America.

China doesn’t have the regulatory hurdles or challenges that Tesla faces in Europe to bring FSD and has been working with Chinese corporations as well as the government, which has now provided its official approval for FSD testing in-country.

We might even see FSD deployed to early testing customers in China by the end of 2025.

ADAS Competitors

There are quite a few competitors in the Chinese market already- with challengers like Xpeng and Xiaomi working on building their own homegrown systems, mostly driven by a mixture of cameras, radars, ultrasonic sensors, and LIDAR. However, many of these systems face similar challenges to other non-Chinese competitors and don’t have the mileage under their belts to tackle Tesla’s dominating lead in data and data processing.

European Union

Tesla is poising itself for an FSD rollout internationally, with increased testing also taking place in the UK, France, and Spain – some of the key locations with unique infrastructure in the European Union. However, some EU-specific regulations restrict how FSD can perform – each and every action must be manually approved by the driver. Until that regulation is changed to adapt to systems like FSD, it won’t be making its way there just yet.

Tesla Cybertruck to Receive Charging Improvements in Upcoming Update

By Karan Singh
Not a Tesla App

Former Tesla VP of Powertrain and Energy Drew Baglino previously mentioned that Cybertruck would be receiving charging improvements soon.

Wes Morrill, Tesla’s Cybertruck lead engineer, recently reposted Baglino’s comments on the charge speed update on June 16th and mentioned that it would be coming soon via OTA.

Charging Improvements

The 4680 cell has seen some difficulties in its charge curve, similar to Tesla’s other vehicles that have been deployed with the 4680. Tesla has alluded to difficulties in the manufacturing curve previously, and also with engineering improvements to the new cell standard, and eventually stopped manufacturing the Model Y with the 4680 cells.

However, this is the first time that Tesla has begun to deploy major improvements to the 4680 cell. It appears the improvements will allow up to 154 miles to be recovered in 15 minutes, which is approximately a 30% improvement to current charge rates.

We’re hoping that these improvements to the 4680 will also translate to older Model Y vehicles that have 4680 cells, which will be key to the owners of these vehicles. 4680 production is currently mainly focused on Powerwall, Megapack, and Cybertruck – with Semi not using 4680 yet.

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