Gigafactory November 26

TSLA: 229.64

Stock Chart

Navigant Research published its latest leaderboard report on li-ion batteries for transportation and the firm sees LG Chem as the leading supplier. Panasonic and Samsung SDI are also considered “leaders” and not far behind LG according to Navigant. expand full story

Gigafactory November 18

TSLA: 221.07

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Comparison of the old and new Gigafactory plans on top of a recent satellite photo of the project.

The final size of Tesla’s $5 Billion battery factory is growing. Originally announced to occupy up to 10 million square feet (930,000 square meters), the Gigafactory is now expected to reach 13.6 million square feet (1.3 million square meters), according to a senior Tesla executive talking to Fast Company. The new number is a 36% increase to the two-story structure’s planned size, and is the equivalent of adding the entire square-footage of One World Trade Center to the project. expand full story

Gigafactory November 17

TSLA: 214.00

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Tesla CEO Elon Musk described the Gigafactory in Nevada as a product, calling it the “Gigafactory 1” – implying there will eventually be a “Gigafactory 2”. This second battery factory could end up being built in Germany according to comments made earlier today by Vice-Chancellor and Economy Minister Sigmar Gabriel. expand full story


Gigafactory November 3

TSLA: 208.35

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Tesla 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. expand full story

Gigafactory October 27

TSLA: 210.35

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Tesla builds its own battery packs, but imports the several thousands battery cells needed per pack from suppliers, mainly Panasonic. The automaker is heavily investing to change that by building the Gigafactory, in partnership with Panasonic, to manufacture both the cells and battery packs in the Nevada desert east of Reno.

But the planned output of the factory is 35 GWh in battery cells and 50 GWh in battery packs, meaning the Gigafactory will need to import 15 GWh of battery cells. Tesla already confirmed its intention to source the cells from more than one suppliers “potentially including Panasonic”, and today we learn through a new report from Asia Nikkei that the company is reportedly in the final stages of negotiations with LG Chem. expand full story

Gigafactory October 21

TSLA: 210.09

Stock Chart

Following yesterday’s announcement that GM is expanding its partnership with LG and will source a significant percentage of the parts for the Chevy Bolt from the electronic giant, LG is now announcing that it is accelerating battery production at the Holland plant in Michigan.

In a press release for the announcement, LG Chem Michigan President Nick Kassanos takes a swipe at Tesla, or at least at the media attention the company has been receiving for its own battery factory project: the Gigafactory. expand full story


Gigafactory October 16

TSLA: 227.01

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Tesla’s co-founder and Chief Technology Officer JB Straubel was at the University of Nevada, Reno earlier this week to talk to students and announce a new internship program for the company’s Gigafactory. As part of its Gigafactory deal, Tesla is pumping $1 million into the University of Nevada’s Battery research program.

During his presentation, Straubel confirmed that after launching the Model X last month, Tesla now shifted its core focus on the anticipated next generation vehicle: the Model 3. expand full story

Gigafactory October 13

TSLA: 219.25

Stock Chart

Last Friday, two journalists from Gannett’s Reno Gazette Journal (RGJ)  were  in an altercation with two Tesla safety managers on Tesla’s property at the Gigafactory near Reno. One of the individuals, RGJ photographer Andy Barron was arrested and charged for battery with a deadly weapon by the Storey County Sheriff’s department. expand full story

Gigafactory October 8

TSLA: 226.72

Stock Chart

A new video posted to Youtube today gives us the closest and most recent look at Tesla’s Gigafactory. We get a good view of the exterior work Tesla has been doing on the battery factory, but we also recently wrote about Tesla acquiring several permits for multi-million dollar interior construction work, which gives us a good idea of the progress on this $5 billion project.

See the video below the break: expand full story


Gigafactory September 8

TSLA: 248.17

Stock Chart

A video posted to Youtube today gives us the most recent look at Tesla’s battery factory under-construction in the Nevada desert. For the first time we see the walls of what could become the biggest building on earth. In the latest drone fly-by video, we could only see the barebone steel structure.

The company plans to significantly reduce the cost of batteries through economy of scale by producing 50 GWh of battery packs at the ‘Gigafactory’. Tesla expects to produce the first battery packs at the factory during the first quarter of 2016. expand full story

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