There is a recent Tweet and news that a huge announcement is expected from Elon Musk about Giga Texas. What is this announcement? We have a few theories of what it could be that we'll discuss.
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Huge Announcement Expected This Week From Elon Musk About Giga Texas
Whenever someone Tweets that Elon Musk is going to say something important, you have to be a little skeptical at first. However, in this case, I believe there is reason for there to be an announcement from Elon Musk about Giga Texas.
The Twitter user, Wheelieman, has said that Elon Musk is going to give us a huge announcement about Giga Texas by the end of the week. One might wonder what that is, so here's a few theories to tide you over while we wait for an announcement from Elon Musk.
What Will Elon Musk Announce?
Production is Going to Start
When Giga Berlin was getting close to completion, Elon Musk held a factory tour of the factory to showcase the improvements and how the factory would operate. It was a nice tour to see and Giga Berlin is more advanced than Fremont and Giga Shanghai.
Elon is likely to do something similar with Giga Texas. In fact, Elon has suggested holding a big celebration to kickoff the beginning of production at Giga Texas.
I think this is the most likely option, Elon tells us production is getting started and that there will be a big party to celebrate.
4680 Battery Cells
I think as part of the announcement that Giga Texas is starting production will be Elon Musk stating that the 4680 battery cells are ready for production vehicles and that Giga Texas will begin producing the Model Y with them.
I think we may also hear that the Cybertruck is going to begin production much sooner than anticipated, in order to stay ahead of Ford and Rivian, with their trucks that are already in production, or going to be produced very soon.
The "Model 2" Compact Car and Another Factory Announced
Elon Musk, never one to shy from taking on hard tasks may announce the compact Tesla this week or do it during the Giga Texas celebration. I think Tesla could announce a new factory that would be dedicated to producing this compact vehicle. Tesla may even announce a factory in North America AND in Asia for this.
The Tesla Model 2 - or whatever it ends up being called will truly be the end of all other EVs and ICE vehicles - especially if the price point is around $25,000.
What do you think Elon Musk's huge announcement will be? Will there even be a huge announcement?
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Jeremy Johnson is a Tesla investor and supporter. He first invested in Tesla in 2017 after years of following Elon Musk and admiring his work ethic and intelligence. Since then, he's become a Tesla bull, covering anything about Tesla he can find, while also dabbling in other electric vehicle companies. Jeremy covers Tesla developments at Torque News. You can follow him on Twitter or LinkedIn to stay in touch and follow his Tesla news coverage on Torque News.
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The BIG Giga Texas opening
The BIG Giga Texas opening party is a foregone conclusion! But I think that the additional news could be the Giga Texas Model Y having 4680 batteries, and the Cybertruck starting production there later this year. Plus Elon could show off a production Tesla Semi. I think that there will be a lower cost ($25K), smaller new Tesla EV, but I think that it will be only for the European and Asian market, and it probably will be built in China, later this year.