Electrek headline: Tesla Fremont factory has produced its 2 millionth electric car
- Jul. 19th 2022 9:27 am PT
Elon Musk announced that Tesla Fremont factory has produced its 2 millionth electric car with the help of Gigafactory Nevada.
Fremont factory used to be operated by Toyota and GM before they sold it to Tesla in 2010.
Tesla couldn’t pass on the deal because of the terms, which consisted of Toyota investing $50 million in Tesla and the latter giving back $42 million to the former for the factory. Tesla basically ended up with a factory and $8 million to invest in it.