Elon Musk’s master plan is still in the works. The third stage seeks to expand production to a new level. The North American magnate knows that they are now losing manufacturing capacity and need to open new factories. Tesla is looking for a new location to open the next Gigafactories, and Canada seems to be winning a lot of integers as Musk himself admitted. It will take a few months to know the final decision.
The final decision has yet to be made, but Elon Musk shows a clear preference for his country next door. During yesterday’s shareholder meeting, several attendees asked about the location of the new Giga plant. Although no one from the high command dared to give a definite name, for perhaps they did not know it, Musk played a distraction with the following statements: “We have a lot of Canada, I’m half Canadian.”.
And although Elon Musk was born in Pretoria, the capital of South Africa, his mother is Canadian, hence the special bond that unites him to the country. Of course that in and of itself means absolutely nothing, and it wouldn’t be the reason to build the next Tesla Giga plant in Canada, but This is not the first time that the CEO has made attractive statements regarding the neighboring country. A few months ago he left open this possibility, although it was not the only one.
Statements explained Intent to open a new Giga factory in North America, including the United States, Mexico and Canada. However, Elon Musk clarified that the main goal in the US is to expand production at the new Austin plant, which ended up becoming the company’s headquarters and is recording better numbers every day.
Therefore, Canada and Mexico remain as the two main options for the company. In the past, the alleged negotiations with senior representatives of Quebec were also leaked. In any case, the final decision has not yet been made. Tesla is negotiating terms and potential assignment agreements that will make it more attractive to the company. The official announcement should take place at the end of this year.
Meanwhile, the rest of Tesla’s venues continue to reap excellent production numbers. The Fremont plant recently celebrated two millionth production. In Europe, the Berlin Giga factory is undergoing a facility upgrade Which will allow it to improve its production rate, and in China the Shanghai Gigafactory will be expanded to reach one million units produced in one year. The third phase of Musk’s master plan is taking shape.