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Elon Musk polled his Twitter followers about opening a Tesla Gigafactory in Texas, and the response was resounding

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Elon Musk polled his Twitter followers about opening a Tesla Gigafactory in Texas, and the response was resounding
Elon Musk polled his Twitter followers about opening a Tesla Gigafactory in Texas, and the response was resounding
The Tesla CEO invited his 31 million followers to say whether they thought the carmaker should open a Gigafactory in Texas.
  • Tesla CEO Elon Musk polled his Twitter followers on Tuesday night about whether he should open a new Gigafactory in Texas.
  • Musk gave followers two options – "Hell yeah" and "Nope" — with 79.3% opting for "Hell yeah" six hours into the poll's opening.
  • Tesla recently opened a Gigafactory in Shanghai, to add to its preexisting Gigafactories in Buffalo, New York, and Storey County, Nevada; and an upcoming Gigafactory in Grünheide, near Berlin, Germany.
  • Tesla's stock has doubled so far in 2020, hitting a record $939 per share Tuesday as a seemingly irrepressible sense of optimism engulfed the company.
  • Visit Business Insider's homepage for more stories.

Tesla CEO Elon Musk polled his Twitter followers Wednesday about whether or not he should open a Gigafactory in Texas – and the result was emphatic.

Musk gave followers two options — "Hell yeah" and "Nope" — with 79.3% opting for "Hell yeah" about six hours into the poll on Wednesday morning. The poll will remain live for another 18 hours.

Many of Musk's followers expressed enthusiasm at the plan with one user, @BlakePositivity, urging Musk to have conviction in his idea.

He wrote: "If that's your vibe don't doubt it," in reference to Musk's recently-released EDM track, "Don't Doubt ur Vibe," which is believed to feature vocals from Musk himself.

Tesla's stock has doubled so far in 2020, hitting a record $939 per share Tuesday as a growing sense of optimism engulfed a company that's often struggled to generate it.

Musk aims to ride this wave by ramping up the firm's vehicle production plans in the wake of better-than-expected recent earnings and vehicle delivery numbers.

The company beat Wall Street estimates in the fourth quarter of 2019, taking home $2.14 per share on revenues of $7.4 billion where analysts had expected an adjusted gain of $1.74 per share and $7.1 billion in revenue.

This performance was driven by stellar vehicle delivery numbers, with the carmaker delivering a record 112,000 vehicles in the fourth quarter of 2019.

In January, Tesla opened a Gigafactory in Shanghai — Musk's dad-dance striptease during its opening notwithstanding — to add to its preexisting Gigafactories in Buffalo, New York, and Storey County, Nevada.

It also has an upcoming Gigafactory in Europe, with Grünheide, near Berlin, as its slated location.

Read the original article on Business Insider
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