AUSTIN (Austin Business Journal) — Tesla Inc. executives are confident about their ambitious plan to open a factory in far east Austin next year.

On a third-quarter earnings call Oct. 21, CEO Elon Musk confirmed the company plans to open its Texas gigafactory next year, and he said he anticipates the company will start delivering its Model Y cars in Austin and at another plant under construction in Berlin, Germany, by the end of 2021.

Read the full story from the Austin Business Journal on its website.