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Elon Musk hints at another Tesla gigafactory coming soon

(Bob Daemmrich)

Months after Giga Texas’ grand opening, Tesla CEO Elon Musk is already eying another factory.

Musk made an appearance at the company’s annual shareholder’s meeting Thursday and suggested the company may announce plans for another factory as soon as this year.

The event, known as Cyber Roundup, involved the group voting on matters like director appointments and stockholder proposals.

Musk also commented on the company’s recent profit and noted there’s still progress to be made at the gigafactory here.

“Still a lot of work to do. These factories don't just magically work. So a lot of work to do in Berlin, and here in Austin to spool up these two gigafactories, and we've got different supply chains so there's a host of problems,” Musk said. “None of the problems are individually all that difficult, but there's like 10,000 of them.”


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