Tesla quietly announced at least two new production facilities in the United States in its Q2 2020 Shareholders Letter. It seems that both Texas and Tulsa won the bid for a Gigafactory in their respective states. Although, Tesla could also choose to create a production facility in Giga Nevada.
According to Tesla's Shareholders Letter, a "New US factory" will make the Model Y and the Cybertruck. And another factory listed in the United States will make the Tesla Semi and Roadster. The EV automaker didn't assign a name or place for the two new production facilities, but Tesla may announce their locations during the Q2 2020 Earnings Call.
Tesla (TSLA) Posts Impressive Profit In Q2 2020 Earnings, $2.18 Adj EPS, $6.04B Revenue [Live Updates] https://t.co/A9Nr56mol6 pic.twitter.com/TZU4DSN73D
— Tesmanian.com (@Tesmanian_com) July 22, 2020
Texas and Tulsa were the last two states vying for Tesla's Cybertruck and Model Y Gigafactory. Tesmanian suggested in a previous article that Tesla may build production facilities in both states because it would need space for the Semi's volume production.
Texas has already approved two incentive deals for Tesla's Gigafactory. The Del Valle school district approved an incentive deal worth which included tax abatements amounting to US$50 million in over 10 years. Travis County approved a 20-year performance-based incentive deal.
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— Tesmanian.com (@Tesmanian_com) June 11, 2020
Incentive deals from Tulsa haven't been announced. However, Tulsans have been adamantly campaigning for a Tesla Gigafactory to be built in its community. Tulsa may not have shared details about possible incentive deals with Tesla, but the local community has made other fun offers, like free ice cream and pizza.
While Giga Texas seems like a sure bet, Giga Tulsa may a bit speculative. After all, battery and powertrain production for the Tesla Semi will take place in Giga Nevada according to Elon Musk's leaked email. However, Tulsa still has a chance to play a role in production. According to Elon Musk's leaked email about the Tesla Semi's volume production some work could occur in other states.
About the Author
Ma. Claribelle Deveza
Longtime writer and news/book editor. Writing about Tesla allows me to contribute something good to the world, while doing something I love.