Tesla Plans “Substantial Completion” of Texas Gigafactory by May 2021

Tesla has factories going up in Berlin, Shanghai, and Austin, and the public is eager to see its new Cybertruck, set to release next year.

Now Tesla plans to have its new Giga Texas factory in Austin “substantially complete” by May 1, 2021, as reported by Tesla Motors Club. The news comes from a report made for the contractors posted on the City of Austin website, which outlines the schedule of the building’s progress.

The schedule also includes a “dry-in” date of December 30, 2020, as well as a “start rough grading” date of July 17, 2020, which signifies when Tesla first broke ground on the new factory.

The floor plan of Tesla’s Texas factory is about four million square feet, and the expected cost of the build itself is $400 million USD, while the total cost combined with production hardware and other outfitting needs is planned to be over $1 billion USD.

The upcoming factory is planned to produce the upcoming Model Y crossover, the Cybertruck, and the Semi.

The Texas factory will play a major role in the release and production of the aforementioned vehicles, as the public awaits new Tesla models to come. Demand for electric vehicles is as high as ever, and with other companies like Lucid Motors set to begin making their first electric releases over the next few years, it will be fascinating to see what happens next.