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.
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