Tesla CEO Elon Musk Hosts ‘Cyber Rodeo' Party to Open Austin Factory

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Tesla CEO Elon Musk Hosts ‘Cyber Rodeo' Party to Open Austin Factory
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Tesla aims to make 500,000 units of the Model Y in a single year in Austin, the CEO revealed Thursday night.

"In trailing twelve months, we've delivered over a million cars worldwide," Musk said."There's still a long way to go."

Tesla celebrated its new vehicle and battery factory in Austin, Texas with a"Cyber Rodeo" event on April 7, 2022. The Fremont factory is still operating today, but Tesla aims to increase production of its Model Y electric vehicles and batteries in Austin, and to produce its unusual trapezoidal pickup, the Cybertruck, in Texas for customers in North America.

"They've built about a couple million vehicles so far, which means they should have figured out what works and what doesn't at this point. They should be able to enhance the positives," Fiorani said.

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