Tesla Mass Production at Austin Gigafactory is now in the process.

Tesla has begun mass production in their Gigafactory in Austin, better known as Giga
Texas.

This gigafactory is set to be one of the biggest production units of any car in the world.

Which Tesla model will be produced at Giga, Texas? How many models can this factory
produce every year? And how much did this factory cost to make? We will be telling you
in today's video, so stick around till the end to find out more.

Tesla made a company record in 2021 when they successfully managed to produce
over 900,000 units of their models. As of 2022, Elon Musk, the CEO of Tesla, made the
decision to not release any new models this year, as he said that the company is aiming
to increase the number of models they produce every year, and introducing newer
models like the Cybertruck, Semi or the rumored $25,000 Tesla, would slow down that
process drastically.

In January 2022, Tesla said that it began producing vehicles at its $1.1 billion Travis
County production plant in the last few months of 2021.

"Builds of Model Ys started in late 2021 at Gigafactory Texas. After final certification of
Austin-made Model Y, we plan to start deliveries to customers," Tesla management said
in their fourth-quarter earnings report.

Tesla, which announced in October that it was relocating its corporate headquarters to
Austin, also stated that its Model Y vehicles are undergoing equipment testing in both
Texas and Berlin. Model Y, which is Tesla’s SUV, is expected to be a crucial product for
the business.

Since Elon Musk announced in July 2020 that he had chosen the southeast Travis
County location for the project, which the company has called Giga Texas, construction
of the Austin-area complex has progressed rapidly.

Tesla has announced that it will mqnufacture its Cybertruck, Semi, Model 3 compact
sedan, and Model Y vehicles in Travis County. To create the site, Tesla received more
than $60 million in tax credits from Travis County and the Del Valle school district.
According to Musk, the facility may eventually employ 10,000 people.
Tesla claimed in its earnings report that manufacturing in Austin would pick up in the
coming days and that work on the Cybertruck is still progressing and will now possibly
be delayed till the last quarter of 2022 or the first quarter of 2023. Musk also revealed
in January that he's been driving a Cybertruck all around Austin-area facility via a tweet
on Twitter.

While making a note to the investors, Tesla said, "The pace of production ramps in
Austin and Berlin will be influenced by the successful introduction of many new product
and manufacturing technologies in new locations, ongoing supply-chain related
challenges, and regional permitting. We are making progress on the industrialization of
Cybertruck, which is currently planned for Austin production subsequent to Model Y."

Industry watchers assumed the Austin-area facility was nearing or had already started
production after company executives hinted that it would start before the end of 2021.
Musk also announced in December 2021 that the factory would hold a grand opening
party in early 2022, complete with factory tours.

Musk predicted 2021 would be a "breakthrough year" for Tesla during a conference call
with investors and analysts. He stated that the company's current focus would be on its
two newest plants.

Musk said, "After an exceptional year, we shift our focus to the future: Texas and
Berlin," Musk said. "It is worth noting that we, as the internet has observed, have been
making quite a few cars in Texas."

The company's Austin facility is intended to be the hub of its operations and production.

According to industry analyst Dan Ives of Wedbush Securities, Tesla's Austin-area

facility will be the heart of Tesla's production for the next few years.

"Launching the Austin manufacturing is critical for Tesla to grow both domestic and
global Model Y production, which is expected to have a record year in 2022," Ives
added. This reason was because of the exponential growth in numbers that Tesla has
witnessed in the past three years. Their production has increased by over 300% since
2018, and they plan on maintaining these numbers as the market demand for EVs
increases.
Tesla reported a profit of $5.5 billion in 2021, up from $3.47 billion in 2020. This is the
third year in a row that Tesla has been profitable. Tesla earned $2.32 billion in the fourth
quarter, or $2.54 per share, exceeding Wall Street projections of $2.36.

The company recorded $17.72 billion in revenue, which was also significantly higher
than expected—selling regulatory credits to other manufacturers to meet government
emission regulations generated $314 million in revenue.

The company stated, "There should no longer be any doubt about the viability and
profitability of electric vehicles."

Along with Giga Berlin, Austin is expected to play a crucial role in growing Tesla's
production. Ives estimated that the Austin-area facility would start producing cars in
early February and build up to full capacity by the final quarter of 2022 or early 2023.

Model Ys currently being produced in Texas have a structural battery pack, Musk said,
and deliveries would begin following final certification, which he expects to happen
"fairly soon."

However, once these are delivered, any cars made in Austin will have to be sent out of
state before being sold to Texans, at least for the time being. Currently, automobile
manufacturers are forbidden by state law from selling directly to consumers, as Tesla
does.

Musk mentioned that the Austin-area plant has office space, with some of those offices
overlooking the assembly line, though he did not specify whether or not they are the
headquarters offices.

Musk also said, "While we battled, and everyone did, with supply chain challenges
throughout the year, we managed to grow our volume by nearly 90% last year." "This
level of growth didn't happen by coincidence; it was a result of ingenuity and hard work
across multiple teams throughout the company."

Now, before we tell you whether or not the Gigafactory in Texas is expected to produce
higher numbers this year, we would firstly like to thank you for making it till here, and we
would really appreciate it if you could show your support to our channel by liking the
video, subscribing to Elon Musk Facts, and turning on the bell notifications to never
miss our uploads. Having said that, let us check out more.
Although supply chain challenges are expected to persist, Musk said on a conference
call with investors that Tesla, based in Austin, still expects considerable growth,
exceeding 50% in the coming year.

Tesla's non-vehicle items will also receive attention. Musk stated that "Optimus," a
humanoid robot product known as a Tesla Bot, will be a focus for the business in the
coming year, though it is unclear whether they will be manufactured in Austin. The bot's
initial application, according to Musk, will be in factories, moving parts around or
performing other similar jobs, and it will be ready for production next year. He went on to
say that the bot business has the ability to overtake Tesla's vehicle industry in the long
run and that it may help relieve future labor shortages.

Musk also stated that the company's entire self-driving software, which is now being
tested, will be a profit generator in the future. Tesla's insurance, which is currently
accessible in Texas, Illinois, Arizona, California, and Ohio, will be expanded up as well.
Executives at the company said they're "comfortable with what they see in Texas" and
want to use it as a model as they expand to new states this year.

According to Amber Gunst, the CEO of the Austin Technology Council, the facility's
start-up is exciting. "It's something that we've all been watching," Gunst said. "The
factory is going up, and we've been anticipating people being able to start working there
and start building and having vehicles hit the road, so we're just really excited to see this
project move forward, and this company be here and to offer great quality jobs to
Central Texas."

The start of production comes with Austin becoming a more important hub for Tesla.
Musk said in October that Tesla would relocate its corporate headquarters from
California to Austin, although he provided few details at the time. The company legally
relocated its corporate headquarters to the same site as the factory, according to
records filed with the US Securities and Exchange Commission in December.

Texas, particularly Austin, is becoming increasingly crucial to Musk. The billionaire

claimed that he relocated to Texas in 2020 to be closer to the gigafactory and SpaceX,
which is his Space Research company’s South Texas site.

His other ventures like the office of The Boring Company, which builds tunnels, have
also been shifted to Texas, and Musk now plans on creating a SpaceX office in the
state as well. It is clear that Musk has now got a clear plan and is centralizing all of his
ventures near the Gigafactory site to ensure a smooth flow of work and easy
management. What do you think of Musk's ventures and the mass production at Giga,
Texas? Let us know in the comments below!