Tesla's upcoming gigafactory might be established in Canada

Tesla CEO Elon Musk intimated during the company's annual shareholder meeting.

The location for a new gigafactory will be chosen by the end of the year.

He laughed. "I'm half Canadian," Musk said. Perhaps I should."

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[{"selector":"#anim-980e2adf-ccea-42f7-acbf-e53cc44e33f2","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-30d14c4f-daed-4420-8d3f-9e2986d6d025","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] During last week's shareholder meeting, Musk stated that Tesla might eventually have 10 to 12 gigafactories throughout the world.

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As a result, it stands to reason that the corporation will pick another North American location for its future facility.

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