Tesla will acquire a German automated manufacturing company known as Grohmann Engineering. Grohmann's founder, Klaus Grohmann will make the move to Tesla and lead the newly formed, Tesla Advanced Automation Germany.

The most surprising bit of information that Musk revealed was that this upcoming Gigafactory will not only produce batteries, but also vehicles. Over the past four years, Tesla has achieved a production ramp up of about 400 percent. It will need to do the same, if not more, inside of the next two years, in order to reach production goals of 500,000 vehicles a year.

The new Gigafactory concept will house the whole production process under one roof. Of course, this is only said to be the intention for Gigafactory 2. However, there is nothing to say that, if needed, the current Gigafactory can't be molded into the same concept, or more Gigafactories in the future, could function this way. Especially if all goes well.