Elon Musk's short tenure in Texas has been tumultuous as he juggles managing Tesla, SpaceX and Twitter.
His short tenure in Texas has been tumultuous. Here are five things to know:Tesla left the Silicon Valley suburb that had housed its headquarters since 2003 for Texas over a year ago, spending more than $1 billion on a factory to produce new vehicle models. But California will once again become its global engineering home after Wednesday’s announcement, while Tesla’s corporate headquarters are set remain in Austin.
But with the change of headquarters announced Wednesday, it’s unclear how it will affect the Cybertruck, Roadster and Semi models’ production timelines, as they were slated to start production at the Austin Gigafactory at the end of the year,The Austin manufacturing site, dubbed Giga Texas, was expected to hire 10,000 people by the end of last year.
Tesla struggled to increase production in Austin of Model Y SUVs that use the company’s new 4680 cells and structurally integrated battery pack. To keep up with high demand for its cars, the company said in an April letter to shareholders that it would also make Model Y SUVs with the older 2170 cells in Austin — but the tooling required for that got stuck in China, Musk said.. Instead, the electric vehicle company reported more than 29,000 new hires.Musk’s Space Exploration Technologies Corp.
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