Tesla plans to begin operations at its fifth Gigafactory in Austin, Texas, next week. Analysts on Wall Street expect that the Austin Gigafactory will produce the Tesla Model Y. One analyst stated that they have scheduled operations to begin production of the Model Y within 7 to 10 days. Reports indicate that the stamping machines for the Tesla Model Y and testing have already been set up. An electric vehicle media outlet reported that some areas of the Austin Gigafactory have received certification from Travis County.

The Austin Gigafactory stands as Tesla's largest facility, following locations in Nevada, Texas, New York, Shanghai, and Berlin. Covering an area of 8.5 square kilometers, it is approximately 2.57 million square feet. Reports suggest that this factory can produce 500,000 Tesla Model Ys annually. Future plans also include production of the Model 3, Cybertruck, and electric Semi trucks.

In 2021, Tesla recorded sales of about 930,000 vehicles. For 2022, two new Gigafactories are set to begin operations, and the pre-orders for the Cybertruck have surpassed 1 million. Analysts expect Tesla's sales to continue to rise. Some forecasts predict that Tesla will sell 1 million vehicles this year, while Reuters reports that the number could reach 1.3 million. Deutsche Bank has also analyzed that production could hit 1.5 million vehicles this year.

Tesla plans to launch the Cybertruck this year and is expected to introduce a new affordable electric vehicle, the Tesla Model 2, in 2023. According to reports, Tesla will unveil the Model 2 as a hatchback electric vehicle next year. The Model 2 was first mentioned in 2018 and garnered attention with a projected price of $25,000 (approximately 30 million KRW).

In 2020, Tesla's CEO announced plans to reveal the most affordable electric vehicle within three years. This sparked ongoing speculation about a vehicle cheaper than the Model 3. The Tesla Model 2, also referred to as Model E, is expected to provide a better price point than the Model 3 while offering a range of at least 250 miles (approximately 400 km). Reports suggest that the Model 2 will feature a smaller body than the Model 3, adopting a hatchback style for practicality while incorporating Tesla's signature design elements.

Chinese media reports that Tesla's new electric vehicle will be developed in China for the global market. However, there are predictions that the launch of new models in 2023 remains uncertain. The release schedules for the Cybertruck, second-generation Roadster, and Semi Truck are also unclear.

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