Tesla Considering $10.5 Million 'Cyber Cafeteria' Project in Texas Gigafactory, Shows Purported Official Document
Portfolio Pulse from Anan Ashraf
Tesla Inc (NASDAQ:TSLA) is reportedly planning to build a 'Cyber cafeteria' at its Gigafactory in Texas, according to an unverified document circulating online. The project, expected to start in late October, is estimated to cost $10.5 million and be completed by April 2024. The cafeteria will be spread across 22k square feet and will be Cybertruck-inspired. It is unclear whether the cafeteria will be open to the public or just employees. Tesla is also expected to open a 'futuristic' diner in Los Angeles later this year.
September 27, 2023 | 4:56 am
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NEUTRAL IMPACT
Tesla's plan to build a 'Cyber cafeteria' at its Texas Gigafactory could enhance employee satisfaction and potentially attract more visitors if open to the public. However, the impact on Tesla's stock is likely to be minimal as the project is a small part of Tesla's overall operations.
The news of Tesla building a 'Cyber cafeteria' at its Texas Gigafactory is relevant as it shows the company's commitment to enhancing its facilities. However, the impact on the stock price is likely to be minimal as the project represents a small part of Tesla's overall operations and the document detailing the plan has not been independently verified.
CONFIDENCE 80
IMPORTANCE 30
RELEVANCE 70