“A little red wine, a vintage record player, some Ambien. Yesterday’s major announcement was that the Model Y small SUV will come out in 2019, and that it will be built in a completely new factory, away from Tesla’s existing Fremont location. The Fremont factory, where Tesla managed to build a little over 80,000 units last year, is “bursting at the seams,” Musk said. Musk wants “essentially a new Gigafactory,” and he wants it to produce cars by 2019. Musk doesn’t even know where that new Gigafactory will be, and he wants it to make cars in two years?

Source: Forbes June 07, 2017 11:29 UTC