Pre-Orders for the “Tesla Model 3” number in the hundreds of thousands the last time the figures were released, so the electric car company really has its work cut out for it, mostly because it has never produced that many vehicles in such a short time before. Tesla CEO Elon Musk seems pretty confident that they can pull it off, however, which is why he upped the timeline for when the vehicles will be produced. More than that, he also recently announced that the final tweaks for “Model 3” are done, which is why the company is now scrambling to finish the Gigafactory.
Speaking to reported recently, Musk said that the $35,000 “Model 3” has been ready for two weeks and is now set to be mass produced. He delivered this statement at the Gigafactory, which is now functional but isn’t finished entirely.
The facility is over 3,000 acres, which makes it practically equivalent to Central Park in New York. Bloomberg even noted that as many as 107 football fields could fit in the three-story factory, which really highlights the size of what Tesla is trying to build.
Now, the facility is of course meant to address one of the things that limit Tesla’s ability to produce electric vehicles by the hundreds, thanks to the eventual ability of the Gigafactory to produce as many of the batteries as the company could ever need. In fact, the facility is expected to produce so many batteries that Tesla will also be selling it to other industries for their own uses.
Of course, all of Tesla’s plans only work if the Gigafactory is actually finished in time. The company has practically doubled the number of workers that are constructing the facility, according to The Wall Street Journal, and construction is going on seven days a week.


SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
SoftBank and Intel Partner to Develop Next-Generation Memory Chips for AI Data Centers
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Sam Altman Reaffirms OpenAI’s Long-Term Commitment to NVIDIA Amid Chip Report
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race
Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure
SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence
SpaceX Seeks FCC Approval for Massive Solar-Powered Satellite Network to Support AI Data Centers
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate
Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate
Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 



