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Elon Musk joined Tesla's second quarter earnings call from the Giga Texas site in Southeast Travis County on Monday. (Bob Daemmrich)

Tesla CEO Elon Musk announced a record-setting second quarter during an earnings call broadcasted from the Giga Texas construction site in Southeast Travis County on Monday.

The electric carmaker reported more than $1 billion in quarterly net income and the production of more than 200,000 vehicles for the first time despite challenges such as a global semiconductor shortage.

"It … seems that public sentiment towards electric vehicles is at an inflection point, and at this point, I think, almost everyone agrees electric vehicles are the only way forward," Musk said.

Despite rising consumer demand and adequate factory capacity, Tesla faces what Musk described as a "quite serious" global semiconductor shortage, which will determine the company's growth rate for the rest of the year.

With increased revenue and production, Tesla is investing in new factories, Chief Financial Officer Zachary Kirkhorn said. These include Giga Texas, the $1.1 billion manufacturing plant that broke ground last summer and is slated to open later this year.

The Giga Texas factory in Southeast Travis County has rapidly increased in size since ground broke last August. (Tesla)

Musk commended the construction team for "incredible progress," transforming what was basically a vacant site into "a mostly complete large factory a year later."

Giga Texas will produce the highly anticipated Cybertruck, along with other models, but Musk said scaling its production will be difficult, especially given the supply chain delays caused by the pandemic. "It's going to move as fast as the slowest of its up to 10,000 unique parts," he said.

In other news, Musk said Monday's earnings call would likely be his last regular appearance, only jumping on future quarterly calls when big announcements warrant it.

Tesla Solar recently made news when it announced plans to build the nation's most sustainable residential community in Southeast Austin earlier this month. The newly built homes will feature Tesla solar roof tiles and Powerwall battery storage as well as electric vehicle charging stations.


Janice Omadeke of The Mentor Method was one of five Black entrepreneurs in Austin to earn $100k from Gogle for her startup. (The Mentor Method/Facebook)

Five Austin companies joined Google's second Startups Black Founders Fund on Wednesday, earning $100,000 each as part of the $10 million initiative geared toward giving Black entrepreneurs access to funding for their startups.

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The Independent Citizens Redistricting Commission approved a draft district map Sept. 15 that looks much the same as the current map. (The Austin Bulldog)

A member of the Independent Citizens Redistricting Commission (ICRC) contacted council members asking for their home addresses despite a charter provision prohibiting the ICRC from considering such information in its mapping process, according to emails obtained by the Bulldog through a public information request.

Four council members or their staffers replied providing home addresses: Alison Alter, Paige Ellis, Mackenzie Kelly, and Leslie Pool, according to the emails dated August 9th to Aug. 17.

Read the full story at The Austin Bulldog here.


Austinites will once again be able to take a nonstop flight to London as Austin-Bergstrom International Airport resumes transatlantic travel this fall.

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