Search Results for: gigafactory

Elon Musk Stories October 8, 2015

Tesla to invest $1 million in battery research at the University of Nevada in Las Vegas

When Tesla Motors negotiated with the state of Nevada to build its battery factory in the desert east of Reno, the state government agreed to give the automaker up to $1.3 billion in tax incentives over 20 years to build the $5 billion project. But the deal came with several requirements the company needs to […]

Elon Musk Stories December 3, 2015

Reports: Tesla evaluating a partnership with Chilean state-owned mining company Codelco to source lithium in the country

Local news reports in Chile are stating that “senior Tesla executives” met with government officials to evaluate a partnership with state-owned mining company Codelco in order to source lithium in the country. The agreement would presumably be to supply Tesla’s Gigafactory under-construction in Nevada.

Elon Musk Stories November 3, 2015

[Live Blog] Tesla’s financial results Q3 2015 and conference call

Tesla is set to release its third quarter 2015 financial results today at market close. Management will hold a conference call with Q&A at 2:30pm Pacific Time (5:30pm Eastern Time). You can join on the call through Tesla’s website and join us below the break for live updates:

Elon Musk Stories September 17, 2015

Jefferies predicts Tesla will achieve a 50%+ reduction in battery cost by 2020

In a new note issued today, Jefferies analyst Dan Dolev increased his price target on Tesla Motors to $365 following a new analysis on the company’s battery business. When Tesla first announced its “Gigafactory“, it forecasted a ~30% reduction in battery cost through economy of scale and improved chemistry, but since then Tesla executives revealed that […]

Elon Musk Stories October 2, 2015

Elon Musk: Tesla Model X launch caused a “big, a very big jump” in orders for the Model S

SolarCity CEO Lyndon Rive and Chairman Elon Musk are officially announcing a new high-efficiency solar panel today at the Inside Energy conference. During an interview at the conference, Elon Musk was talking about his other venture, Tesla Motors, and he revealed that the recent launch of the Model X caused a big uptick in orders for Tesla’s […]

Elon Musk Stories February 26, 2014

Panasonic and its partners to invest $1B in Tesla’s Battery Gigafactory, how does Tesla fund the rest?

You’ll recall that I picked Panasonic and Solar City to be among partners in Tesla’s upcoming Gigafactory announcement back in mid-January. I went on Bloomberg earlier this month to re-iterate those claims. Today, Panasonic got a little bit more official. Reuters picks up a Nikkei report: Panasonic Corp is inviting a number of Japanese materials […]

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