Elon Musk hinted through social media platforms and recent press release campaigns for Tesla, that Canada can expect a new Tesla factory within the region by the end of the year. For the past year, Musk has tormented and teased the press with the possible concept of a new Giga factory. Within his annual shareholder meeting, Musk had officially brought up the topic of ‘announcing his latest location for a new Tesla factory. However, he neglected to mention which exact location that would be.
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In the meantime, Elon Musk’s latest statement does have many thoughts attached to it. Tesla’s investors at the shareholders raised many questions-including where they thought the latest factory would be, after Elon Musk had mentioned where the audience thought the location will be. Elon did pick up on the many people shouting Canada in response to his question, and he replied very casually ‘mmm I am half Canadian, maybe I should?’. This is the second time in a public press related meeting that Musk had mentioned Canada as a location.
The first major discussion was during Electrek way back in June this year. Within this meeting, Musk had confirmed that North America would be a definite location for the super factory, and that Musk has considered his workers and colleagues’ opinion on where the site should be located. During Electrek, he made it very clear that when asked, the new site will most definitely not be in the US, and that Tesla is exclusively looking outside the region within the North American continent. Logically that would really only confirm Canada as the most suitable choice and location though, right?
The CEO did mention how the choice is still not final, and everyday there are multiple engineers assessing various locations for their credibility and suitability for the role. North America and Mexico were the locations that had the most assessments, including the US from earlier on during this year. While many would say that Mexico may not have the best suitability for production and export purposes, it does look very likely that the final destination would be either or (Canada or Mexico).
Tesla had official talks with the Quebec government too, it has been revealed, about future investments and battery production within the province too. So, this would make it even more likely that the most natural move would be Canada, as all the paperwork would suggest it.
It would strengthen Tesla’s position to expand their superpower across multiple continents. Once the confirmation of where exactly the new factory will be located, many would hope that Tesla can expand to new locations outside the current ones such as China, Nevada, and New York. For Tesla to expand within Europe, would certainly offset the production costs and financial additions that often implicate manufacture down the line, especially when it comes to exportation. It would make a lot of sense that Canada would be the first move of many outside of the US, and it would seem that Tesla investors are very much down for this new expansion across the globe.
The news of the latest factory comes during the time where Tesla already is taking the attention of the press. Just a few hours ago, Tesla released a prototype image of a Humanoid robot that will be known as the Tesla Optimus. This comes ahead of the official release rumoured to be launched September 30. This new addition to the field of technology for Tesla, will be promoted officially in the upcoming AI Day event in the upcoming weeks.
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