My perception when I took the factory tour, was it looked far less than 20%. Before you get to the part of the plant they are using, you walk through a huge portion of the old factory that the are using for storage and parts inventory. It looked like the giant warehouse at the end of Raiders of the Lost Ark. Imagine dark, gloomy, rows and rows of pallets and crates everywhere. Then we finally hit the section of the plant that is all painted white, shiny, new and bright. While we walked through various areas of stamping, plastics, etc, it actually felt like they were just using a tiny portion of the factory.
Now they didn't take us to the battery, drivetrain, or painting sections so we did not get a feel for the size of those areas. It's possible that the paint section is capable of handling Gen III production, which would reduce the need for another paint department.