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Tesla Inc (NASDAQ: TSLA) is busy building several factories as its percentage value increases.
While the Gigafactory Berlin is being built in Germany, Tesla has also begun to structure the current production plant in the United States, Gigafactory Texas.
A new video shows that the structure is progressing in the Cybertruck factory in the long run. The base is being built as standing reinforcements are placed on foot and the prospective definition of the plant begins to take shape.
Trucks and machines are active on site. Paintings on the site began at Gigafactory Texas last July.
Benzinga’s point of view: With Tesla’s popularity, strong call for expansion, and immediate expansion, high inventory costs are starting to make sense. The announcement of the 5-to-1 inventory division will be the catalyst, but all this news has been brewing for a long time.
Tesla aims to start promoting the Cybertruck to the public until the end of 2021, and wants Gigafactory Texas to do so. At the current rate, it turns out that Tesla will achieve this delivery goal.
Screenshot of Terafactory Texas on YouTube.
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