Tesla to Open Texas Factory Critical to Growth Ambitions
![Tesla to Open Texas Factory Critical to Growth Ambitions](https://foto.kontan.co.id/x4uJFLTTYXhnSyiR7jvbd3R5T2U=/smart/2021/09/20/321186859p.jpg)
KONTAN.CO.ID - SAN FRANCISCO. Tesla Inc will on Thursday hold an event to mark the opening of its US$ 1,1 billion factory in Texas. The factory will help ramp up production of electric vehicles and batteries critical to its growth ambitions.
The event, called "Cyber Rodeo" comes after billionaire CEO Elon Musk this week surprised the market by disclosing that he had bought a 9% stake in Twitter. Musk will join the board of the social media platform.
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