7 to 10 days to production at Austin Giga Tesla (TSLA) is set to ramp up production at its Giga Austin factory in about a week, according to Wedbush.
In a recent note, Wedbush Managing Director Dan Ives wrote that launching the factory in the Lone Star State this month could accelerate production and alleviate the supply chain bottlenecks for the electric vehicle manufacturer.
“Based on our analysis of Giga Austin it appears paperwork is now clearing the way for Model Y production starting over the next 7-10 days,” Ives wrote, adding: "Launching the Austin production in early January is very important to Tesla expanding both domestic and global production of Model Ys, which are set to have a massive year in 2022.”