Skip to main content

Tesla Gigafactory ahead of schedule, already producing Tesla Energy products

drone giga oct 2015Tesla has already begun production at their $5 billion battery factory, according to the company’s third quarter 2015 shareholder letter. In October, production of Tesla’s Powerpacks and Powerwalls moved from Fremont to an automated assembly line at the Gigafactory.The early move, which appears to have occurred months before originally planned, was due to growing demand for Tesla Energy products. The move will delay many deliveries of energy products from late 2015 to early 2016, but overall, will position Tesla for stronger growth in 2016.

Additionally, Tesla expects battery cell production to begin in late 2016, several quarters ahead of their initial plan.

The Gigafactory currently only occupies a fraction of its final footprint, and is expected to be fully operational by the year 2020. At full capacity, the project is expected to produce 35 GWh of battery cells and 50 GWh of battery packs, enough for about 500,000 vehicles per year.

During the conference call following the shareholder letter, Tesla CEO Elon Musk made a few interesting new announcements including a new CFO and the introduction of new constraints to the Autopilot system in order to limit some dangerous use of the driver assist features.

If you want more Tesla Motors and electric vehicle news, make sure to follow us on Twitter, Facebook or Google+ to get our latest articles.

FTC: We use income earning auto affiliate links. More.

Stay up to date with the latest content by subscribing to Electrek on Google News. You’re reading Electrek— experts who break news about Tesla, electric vehicles, and green energy, day after day. Be sure to check out our homepage for all the latest news, and follow Electrek on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our YouTube channel for the latest reviews.