Musk Says Texas Still in Contention for Tesla Plant
Tesla Will Build Its New Cybertruck in Texas, Elon Musk Says
(Bloomberg) -- Elon Musk said Texas remains in contention for a new factory that will build Tesla Inc.’s Cybertruck.
The company’s billionaire chief executive officer provided the update on Twitter late Friday. He said Tesla’s Fremont, California, factory is already at maximum capacity.
In March, Musk said Tesla is scouting locations to build both the electric pickup and the Model Y crossover for customers on the East Coast, likely triggering a state-by-state competition.
In a separate Twitter post late Friday night, Musk said the company may provide updates on the Tesla Semi and Roadster models later this year.
Musk has publicized Tesla’s plans to construct a new factory after U.S. President Donald Trump said the chief executive owed the country a manufacturing plant. His approach has mirrored a strategy used in 2014 to help score a $1.3 billion incentive package from Nevada.
Musk unveiled the Cybertruck in November and pitched it as a radically different option from the highly lucrative pickups produced by competitors. A botched demonstration where Tesla’s design chief cracked supposedly shatter-proof glass generated enormous buzz and prompted the company to sell T-shirts featuring the broken windows.
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