04-01-2022 23:33 via kxan.com

Tesla gathers paperwork to open Austin-area factory

AUSTIN (Austin Business Journal/KXAN) — Analysts are predicting big things from electric vehicle maker Tesla this year, especially tied to the launch of its new factories in Austin and Berlin.
According to Austin Business Journal, analyst Dan Ives of Wedbush Securities Inc. said those factories will be key to the company potentially doubling is production capacity in 2022 to about 2 million vehicles. For reference, Tesla put out more than 936,000 vehicles in 2021 — up 87% from 2020.M
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