**Elon Musk’s Giga Texas Could Generate $100 Million in a Day, Revolutionizing the EV Market**

In a stunning revelation that could reshape the electric vehicle landscape, Tesla CEO Elon Musk announced that the Giga Texas factory has the potential to rake in a jaw-dropping $100 million in a single day. This news comes as Tesla ramps up production of its Model Y, with the facility already hitting a remarkable capacity of 5,000 vehicles per week.

Currently, the Giga Texas factory is producing approximately 833 Model Y units daily, generating an impressive estimated revenue of around $51.6 million. However, with production targets soaring, Musk’s ambitious projection suggests that by year-end, the factory could be on track to produce up to 1,600 vehicles daily, pushing daily revenues to that staggering $100 million mark.

The urgency of this development is underscored by Musk’s acknowledgment of the financial strains on both the Giga Texas and Berlin factories, which he described as “money furnaces.” As Tesla navigates rising operational costs—including employee wages and raw materials—the stakes are high. Musk has previously hinted at utilizing loans to bolster capital for ongoing operations, a strategy that has raised eyebrows among analysts.

The Giga Texas facility is not just about production; it represents a critical investment in the future of Tesla, with Musk forecasting over $10 billion in total investment. The factory is set to not only manufacture the popular Model Y but also the highly anticipated Cybertruck and Tesla Semi, with production expected to ramp up imminently.

As Tesla forges ahead with its ambitious plans, the implications for the electric vehicle market are enormous. If Giga Texas can indeed achieve this unprecedented revenue milestone, it could signal a new era of profitability and innovation for the EV industry. Stay tuned as we continue to monitor this groundbreaking story.