Tesla Inc. is hosting an event Thursday marking the opening of an over $1 billion factory in Texas, “Gigafactory,” that the company says will help ramp up production of electric vehicles and batteries.

With another new factory in Berlin, Tesla’s new space near Austin is expected to double the company’s annual production capacity to 2 million vehicles.

The event, called “Cyber Rodeo,” was touted as the biggest party on earth, but a local fire marshal said that Tesla told the county they’ll likely have fewer than 15,000 attendees.

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