By Jon LeSage Demand for Tesla vehicles could mean adding up to 20 new factories in the near-term future, Tesla CEO Elon Musk told shareholders on Tuesday.
The company may need to add at least three and up to “as many as 10 or 20” new factories beyond the current Fremont, Calif., plant to meet expected demand.
While the soon-to-be-launched Model 3 small car is expected to do well, the Model Y crossover should see even stronger sales, Musk said during the annual shareholders meeting at the Computer History Museum not far from its Palo Alto headquarters.
Currently in development, the Model Y will be arriving
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