Teslas New Austin Factory to Start Up Soon. Its Going to Be Wild. – Barrons

Christmas arrived a little late for Tesla bulls. They have been eagerly awaiting the start-up of new manufacturing capacity. Now the start-up is imminent.

Saturday, Wedbush analyst Dan Ives wrote that Tesla’s (ticker: TSLA) new facility in Austin, Texas, known as Gigafactory Texas, will begin production in about a week. That means more Model Y crossover vehicles—and, just as important, that the Cybertruck will be arriving on U.S. roads shortly.

“Based…

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