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Elon Musk’s Cyber Rodeo Celebrates Tesla’s New Austin Plant

Bloomberg2022-04-08

  • Cybertruck appears on stage with Made-in-Texas Model Y
  • Austin will be highest volume car factory in U.S., Musk says

The new Tesla Giga Texas manufacturing facility on April 6.Photographer: Suzanne Cordeiro/AFP/Getty Images

Elon Musk threw an elaborate party for more than 15,000 people Thursday night in the U.S. to celebrate Giga Texas,Tesla Inc.’s newest factory in Austin, Texas, and the company’s rapid expansion.

The “Cyber Rodeo” featured art installations including a Tesla coil, multiple stages and a sea of Texas-made Model Y sport utility vehicles, arranged to look like the Texas state flag. Tesla’s chief designer, Franz von Holzhausen, appeared on stage with Musk and the forthcoming Cybertruck, which will go into production next year.

The event kicked off with hundreds of drones flying in formation against the night sky, aligning to form shapes including the Cybertruck and a Shiba Inu dog.

“Welcome to Cyber Rodeo,” said Musk, who wore dark sunglasses and a black cowboy hat on stage. “We’re going to talk about past, present and future.”

Musk said that 2022 is all about growing in scale, while 2023 will bring new products to market, including the Cybertruck, Semi and next generation Roadster.

The $1 billion factory, which is larger than the U.S. Pentagon, is critical to Tesla’s expansion. The company has been operating near capacity at its Fremont, California, plant since the heady days of 2018, when it erected a giant tent in the parking lot to boost output of the Model 3 sedan and ran out of room.

The carmaker’s furious growth over the last two years is largely thanks to a factory outside Shanghai in China. Giga Texas will make the Model Y crossover vehicle and the Cybertruck.

“It will be the highest volume car factory in the U.S.,” said Musk. It also has the potential of becoming the world’s biggest battery cell factory, he added.

“We need a place where we can be really big, and there’s no place like Texas,” he said, to raucous cheers from the crowd.

After Musk’s remarks, fireworks lit up the night sky to the strains of Beethoven’s Symphony No. 5.

The party drew scores of fans. Actor Harrison Ford was spotted in the VIP lounge, along with Musk’s mother Maye and brother Kimbal Musk, who also serves on Tesla’s board of directors.

Several fans showed up at the strobe-lit factory in the hopes of getting in at the last minute but were turned away by Tesla security.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Comment26

  • och
    ·2022-04-08
    K
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    • och
      k
      2022-04-08
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  • JcJc
    ·2022-04-08
    Up 🆙 
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  • All in Tesla
    ·2022-04-08
    Cybertruck next year for production! This is going to huge with 1 million orders pending 👏🙌
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    • Simonnov
      Ic
      2022-04-08
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  • Sfun
    ·2022-04-08
    gope
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  • MuppyKoh
    ·2022-04-08
    Please like
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    • Sfun
      ohka
      2022-04-08
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  • iamateh
    ·2022-04-08
    go
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  • TSLA is so Great❤👍!!  Really really fantastic events with the amazing drones, really very emotional watching that!! ❤TSLA 👍
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    • MickeyLiew
      [smile]
      2022-04-08
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    • iamateh
      ok
      2022-04-08
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  • Slee49
    ·2022-04-08
    Like
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  • KeeBoonTong
    ·2022-04-08
    Lalala
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  • Slee49
    ·2022-04-08
    Good Article
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  • KeeBoonTong
    ·2022-04-08
    Lalalala
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  • Ah Deck
    ·2022-04-08
    Great! 
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  • Shahfarid
    ·2022-04-08
    Good news. 
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  • Abundance Thankful
    ·2022-04-08
    Wow
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  • okkar
    ·2022-04-08
    💥
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    • okkar
      y
      2022-04-08
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    • okkar
      u
      2022-04-08
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    • okkar
      y
      2022-04-08
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  • Mich77
    ·2022-04-08
    read
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    • Mich77
      k
      2022-04-08
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    • Mich77
      k
      2022-04-08
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    • Mich77
      k
      2022-04-08
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  • Bonghanhuei
    ·2022-04-08
    Great ariticle, would you like to share it?
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  • Kenang
    ·2022-04-08
    Pls like
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  • LimLS
    ·2022-04-08
    Will this event help it to regain its previous high to 1250 and beyond? Or just be a short upwards movement follow by a dip? The earning report on 25th April and upcoming split may provide it with some stimulus to slowly go beyond its previous high. But do note that Shanghai covid situation is not improving at all and the shutdown might be longer than what we all expecting. Delivery number for April should be very bad. Good news and bad news are all there, so it will be up to investors to determine and judge. 
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    • Biao1818
      Huat arh
      2022-04-12
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    • aden53
      Good, thanks!
      2022-04-12
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    • BurnellStella
      The situation in Shanghai is worse than I expected.
      2022-04-08
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  • goldenboy
    ·2022-04-08
    [Sly] 
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