Elon Musk Tesla
Elon Musk revealed plans to turn Earth into a "sustainable energy economy" during Tesla's first-ever Investor Day.
  • Elon Musk debuted his "master plan" during Tesla's first-ever Investor Day presentation. 
  • The carmaker teased two new car models, confirmed expansion into Mexico, and detailed an overhauled manufacturing process. 
  • Musk said he believed Tesla could help transform Earth into a "sustainable energy economy." 

Elon Musk confirmed that Tesla's next Gigafactory would be in Mexico during a meeting with investors on Wednesday. 

The factory will be located "near Monterrey," according to Musk, who reiterated that Tesla plans to expand production at all of its factories. 

The news was confirmed during Tesla's first-ever Investor Day at the company's Austin Gigafactory, where Musk unveiled Tesla's "third master plan."