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Tesla’s New Factory Location Revealed

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Tesla’s New Factory Location Revealed

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Tesla and Elon Musk are about to keep a promise. 

On January 26, the billionaire entrepreneur announced that the automotive group would reveal the locations of its new factories before the end of the year.

“2022 is the year we will be looking at factory locations to see what makes the most sense with possibly some announcement by the end of this year,” said CEO Musk during the company’s 2021 fourth-quarter earnings. 

Last August, he repeated that he hoped to formally announce the location of the clean-energy carmaker’s new gigafactory later this year, in his efforts to produce 20 million vehicles annually by 2030, thus becoming the world’s largest carmaker by production volume.



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