Production at Tesla's Gigafactory in Texas could begin in time for Christmas
Model Ys could be rolling off the line at Tesla’s Gigafactory Texas within days. The company recently applied to the state Department of Licensing and Regulation for regulatory approval for the first phase of the facility, a necessary step before production begins. The filed documents reveal Tesla’s planned completion date and budget.
Above: A look at the Texas-style 'Don't mess with Tesla' belt buckle (Source: Tesla)
The next chapter in Tesla’s history will center on the company’s two new factories: Gigafactory Texas in Austin and Gigafactory Berlin in Germany. The word on Wall Street is that investors are counting on the twin Gigs to start production soon, allowing Tesla to whittle down its order backlog and ride a wave of new sales.
Giga Texas News! Stamping Machine tests underway and some scrap panels for Model Y observed nest to Stamping Machine structure 5 Dec 2021. pic.twitter.com/VISc6GNe1e— Joe Tegtmeyer 🚀 🌔🪐 (@JoeTegtmeyer) December 5, 2021
Tesla had hoped to begin production at both sites by the end of the year. At Gigafactory Berlin, environmental approval has been delayed, and getting the “green” light to start production could take another month. Things are moving a little faster in Texas: Tesla’s regulatory filing specifies a completion date of December 31, and at this point, the company seems to be on track to meet it.
The filing includes separate budgets for each section of the new plant:
- Body-in-white: $182 million
- General Assembly: $493 million
- Paint: $126 million
- Casting: $109 million
- Stamping: $150 million
Above: Tesla has also officially moved its corporate headquarters from Silicon Valley to Austin, Texas (YouTube: CBSDFW)
Model Y will be the first vehicle produced at Gigafactory Texas, and this billion-dollar investment is expected to translate to initial annual production of 500,000 Model Ys. Tesla has said that the production ramp-up could take much of 2022. Model 3, Cybertruck and the Tesla Semi will later be produced at the site.