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Tesla CEO Elon Musk reveals plan to set up more than 10 Gigafactories across globe in coming years Tech billionaire and Tesla CEO - Elon Musk, has hinted that the electric vehicle manufacturing company might build "at least 10 or 12 gigafactories" in the coming years. Musk revealed that locations for the gigafactory will be chosen later this year. Earlier, the brand was also exploring opportunities to enter the Indian market. However, friction from the government regarding the company’s entry without a production unit made Tesla take a step back on its plans. Also, at the annual shareholder meet, called Cyber Roundup, Elon Musk reiterated the development of Tesla’s autonomous driving system called full self-driving (FSD).