Gigafactory Today

TSLA: 223.25

-1.87
Stock Chart

Tesla has been promising a special event to celebrate the opening of its battery factory in Nevada for a while now. Attending the event was even part of the prizes of Tesla’s second round of the Model S owner referral program. Now it finally has a date: July 29th. The company sent out the invitations to the top Model S referrers last night. expand full story

Gigafactory Yesterday

TSLA: 225.12

5.54
Stock Chart

German newspaper Handelsblatt, which has often produced reliable insider reports on the German auto industry, now cites insider sources saying that Volkswagen is about to present to its board of directors a plan to build a ‘multi-billion euro battery factory’.

The publication suggests that the plan is likely to be approved.

The battery cell supply chain is close to the number one priority of any automaker looking to manufacture electric vehicles in high volume. Ever since the ‘Dieselgate’ scandal, VW has been under pressure to introduce more electric vehicles to its lineup and earlier this year, it announced plans to introduce 20 new electric vehicles through the group’s brands by the end of the decade. expand full story

Gigafactory May 20

TSLA: 220.28

5.07
Stock Chart

During the recent conference call with analysts for Tesla’s first quarter 2016, co-founder and CTO JB Straubel said that we shouldn’t focus too much on Tesla’s previously stated goal of 35 GWh of battery cell production at the Gigafactory, and 50 GWh of battery pack output.

Straubel said that Tesla was prepared to adjust the battery factory output according to the higher than anticipated demand for the Model 3 after the company received over 373,000 pre-orders. Tesla’s battery output at the factory depends significantly on Panasonic and now the Japanese battery maker says that it would move up its investment schedule if asked by Tesla. expand full story

9to5toys 

Gigafactory May 17

TSLA: 204.66

-3.63
Stock Chart

Legislators for the State of New York failed to move forward on a vote to deliver $485 million in funding to build out SolarCity’s Gigafactory in Buffalo. According to BuffaloNews, even though the project has been approved by the State Legislature as part of the much-heralded Buffalo Billion program, a three-person team has decided to not vote on the release of the next round of funding due to, “red flags were raised in the Legislature when the control board’s internal agenda document included vague language about future, undetermined beneficiaries.”

expand full story

Gigafactory May 10

TSLA: 208.69

-0.23
Stock Chart

We talked about MotorTrend scoring the first media photoshoot of the Model 3 prototype a few times now since they have been teasing it on their social media, but now it’s not just excerpts from Facebook or Snapchat. The publications released a complete video with beautiful shots of the Model 3, and as a bonus, the new facelift Model S and the Model X were also at the Gigafactory to complete Tesla’s S3X lineup. expand full story

Gigafactory May 9

TSLA: 208.92

-6.01
Stock Chart

Nevada Governor’s Office of Economic Development (GOED) published its Q1 2016 Quarterly Activity Report for the Tesla Gigafactory and judged the company’s progress to be satisfactory. You can read the full report embedded bellow.

The most interesting bit of information coming out of the report is the fact that Panasonic invested more in the plant during the last quarter than it did since the beginning of the project. expand full story

9to5mac 

Gigafactory April 21

TSLA: 248.29

-1.68
Stock Chart

It looks like Motor Trend is trying to redeem itself following last week’s Apple car fiasco. The car review magazine managed to convince Tesla to get a few hours with a Model 3 prototype for a photoshoot at the Tesla Gigafactory in Nevada. expand full story

Gigafactory April 13

TSLA: 254.53

6.71
Stock Chart

Although far from having completed the project, it’s quite impressive what Tesla accomplished in the Nevada desert in a little less than 2 years – of course that’s with the help of several contractors and its partner, Panasonic.

After breaking ground in July 2014, before even announcing a deal with the state, Tesla has now completed the first phase of its giant battery factory, which should soon be officially inaugurated.

You can watch a quick time-lapse of its construction below. expand full story

Gigafactory March 30

TSLA: 226.89

-3.24
Stock Chart

Yesterday we shared a few pictures of the Gigafactory taken last weekend by Above Reno, but today we have the full 4k video of the company’s recent flight above Tesla’s battery factory located near Reno, Nevada. You can watch the video below: expand full story

9to5google 

Financial news publication Valuewalk published an article earlier this week titled: “Tesla Gigafactory To Get Delayed By Three Years“. The publication has since completely changed the headline to “Tesla Gigafactory construction ahead of schedule” after Tesla issued a statement stating that the battery factory is “ahead of schedule on both construction and production”. expand full story

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