A new video of Tesla’s battery factory in Sparks, Nevada was posted to Youtube today. The video shows the progress the company made in the last few months on the planned 10 million square feet facility.
As of March 30th, Tesla spent $146 million on the project which is expected to produce battery cells as soon as the first quarter of 2016. The factory has a planned capacity of 35GWh of battery cells production and 50GWh of battery packs production. Tesla expects to spend as much as $2 billion on the project by 2020 to achieve their production goals.
The video shows the first phase of the steel structure which has a planned completion date of June 6th according to building permits, but he project might be ahead of schedule. JB Straubel, Tesla’s CTO, confirmed earlier this month that Tesla started hiring operational people for the Gigafactory. Originally, Tesla planned on starting production in 2017 to then ramp up through 2020, but during a conference call with analysts to discuss their financial results, Tesla confirmed they plan on producing their recently announced battery packs, the Powerwall and the Powerpack, at the factory as soon as Q1 2016.
You can watch the full video here:
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