Elon Musk’s plan to build Tesla’s fourth vehicle assembly factory outside of Austin, Texas, represents the next phase in his effort to reshape the auto maker
Elon Musk’s plan to build Tesla Inc.’s fourth vehicle assembly factory represents the next phase in his effort to reshape the auto maker to rapidly increase the number of electric cars it can sell each year as it races to compete with global rivals.
The chief executive’s announcement Wednesday that work has already begun to prepare building a factory on more than 2,000 acres outside of Austin, Texas, marks one of the few new major car assembly plants to be built in the U.S. in the past decade, and comes while the rest of...
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