Tesla CEO Elon Musk said at the company's annual shareholder meeting on August 4 that an announcement regarding the next Gigafactory could be made later this year.
During a speech at the Gigafactory Texas meeting dubbed Cyber Roundup, the executive talked in detail about Tesla's vehicle assembly plants. He noted that Tesla opened two new factories this year—Gigafactory Berlin-Brandenburg and Gigafactory Texas—that are both building the Model Y, with the latter being the only Tesla facility that makes Model Ys powered by 4680 battery cells laid out in structural packs.
