Tesla's Mysterious New Project: 'Giga Water Loop'
Portfolio Pulse from Benzinga EV Insights
Tesla Inc (NASDAQ:TSLA) is reportedly working on a new project named 'Giga Water Loop', according to a building permit discovered by Electrek. The permit details a project with an Austin Energy electric pole located near a proposed pipe on the northern side of the river. However, no further details about the project have been revealed. Tesla's Gigafactory Texas, where the project is presumably located, is a comprehensive manufacturing site for the Model Y, Cybertruck, battery cells, and cathode materials.

October 06, 2023 | 3:40 pm
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Tesla is working on a new project named 'Giga Water Loop'. The details of the project remain unknown, but it is presumably located at Tesla's Gigafactory Texas, a comprehensive manufacturing site.
The news about Tesla's new project 'Giga Water Loop' could potentially impact the company's stock. However, without further details about the project, it's difficult to predict the exact impact. The project is presumably located at Tesla's Gigafactory Texas, which is a significant part of Tesla's operations. Therefore, any major developments at this site could potentially affect Tesla's stock.
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