Elon Musk announced at the Tesla AGM that the company might announce the location for another factory in North America before the end of the year. At the end of March, Tesla had already announced that it was planning another stock split after the one in 2020. The necessary battery capacity for the 1.5 million vehicles had been secured. The factory offensive could begin in the USA: The location for another factory in North America could be announced this year, according to Musk. Including the Gigafactory 2, where mainly the PV roofs of Tesla’s solar division are manufactured, the additional North American factory would be the seventh large Tesla factory and the fifth vehicle plant.

Source: ABC News August 05, 2022 08:54 UTC