Search Results for: gigafactory

Tesla Stories June 13, 2016

FCA CEO Marchionne doesn’t understand Tesla’s model but claims he could copy it

FCA’s outspoken CEO, Sergio Marchionne, has been known to make unpopular but frank comments about electric cars and the future of the auto industry. The man in charge of Alfa, Fiat, Chrysler and Jeep, called for its customers not to buy his electric car, the Fiat 500e, because he estimates the company is losing about $10,000 […]

Tesla Stories June 16, 2016

Tesla applied for a $106 million tax break on $1.26 billion expansion of Fremont Factory for the Model 3

A few weeks ago, Tesla closed an important $1.7 billion stock offering to finance its new build plan for the Model 3. The capital raise was needed for Tesla to accelerate its production and achieve a rate of 500,000 cars in 2018 – two years earlier than previously planned. The new plan is in response […]

Tesla Stories June 17, 2016

Panasonic ‘gearing up for significant growth’ at the Tesla Gigafactory, will host a special hiring event next week

While Tesla has been manufacturing battery packs at the Gigafactory for its energy storage division since last year, new battery cell production is expected to be the real hallmark of the giant battery factory and it has yet to happen. Panasonic, Tesla’s strategic partner at the plant, is in charge of the cell production inside […]

Tesla Stories March 9, 2016

Will human hands ever touch Tesla Gigafactory battery cells?

An interesting fact about lego bricks: the first hands to touch a Lego brick are the hands of a customer since the entire manufacturing process is automated. Granted, plastic blocks are significantly less complicated than li-ion battery cells, but since Tesla hired a long-time Lego manufacturing executive to lead the Gigafactory effort, it is an interesting […]

Tesla Stories March 17, 2016

Elon Musk and SolarCity CEO organized an event for Nevada lawmakers at Tesla’s Gigafactory to lobby for solar energy

In an effort to lobby Nevada lawmakers for the development of solar energy following the Public Utilities Commission’s decision to slash net metering, Tesla CEO Elon Musk and SolarCity CEO Lyndon Rive organized an event Wednesday night at the Gigafactory for Nevada politicians and top government officials. Tesla and SolarCity executives held presentations meant to be “forward-looking and […]

Tesla Stories March 18, 2016

First glimpse inside Tesla’s Gigafactory [Video]

Tesla’s Gigafactory, which is located near Reno in Nevada, was busy with outsiders this week. After CEO Elon Musk and SolarCity CEO Lyndon Rive organized an event Wednesday night for Nevada politicians and top government officials, today local media were given access and were even allowed to take a few pictures inside.

Tesla Stories March 19, 2016

Leaked Tesla Gigafactory pictures show Powerwall/Powerpack assembly line and lots of units [Gallery]

  As we reported on Friday, local Reno media outlets were given rare access to the Tesla Gigafactory and we even got our very first glimpse of the manufacturing floor. Though reporters were not allowed to take footage of the assembly line and it looks like all pictures were from the same angle near the […]

Tesla Stories April 6, 2016

LEGO Tesla Model S with functional features [Video]

Don’t judge it just yet! It’s not the prettiest Tesla Model S to look at, but it is awesome nonetheless. LEGO makes arguably the best and most creative toys on the planet, so of course it was inevitable for someone to make a Tesla out of LEGO bricks at some point. EV and LEGO enthusiast Craig […]

Tesla Stories March 27, 2016

Tesla is reportedly considering a factory location in Suzhou, China

Earlier this year, Tesla CEO Elon Musk confirmed that the automaker plans on securing a location and a local partner for a manufacturing facility in China by the middle of the 2016. A foreign company needs a local partner in order to establish a manufacturing capacity in China. Now we learn through a recent report from Chinese media […]

Tesla Stories May 27, 2016

Tesla will hold a ‘Grand Opening’ event for the Gigafactory on July 29

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 […]

Tesla Stories June 2, 2016

Tesla Gigafactory update with new aerial shots [Gallery: June 2016]

The pilot plant of Tesla’s ‘Gigafactory 1’ is almost completed and will be officially inaugurated at a special event on July 29.  Pictures of the ambitious facility, which is located east of Reno in Nevada, have been more scarce since two journalists from Gannett’s Reno Gazette Journal (RGJ) were involved in an altercation with two […]

Tesla took delivery of large quantities of battery cells from Samsung

While Panasonic has been Tesla’s longtime partner for battery cell supply, the automaker confirmed last year that for the first time it approved a cell from another manufacturer, LG Chem, but only for a small contract for its Roadster 3.0 upgrade. Now we learn that Tesla started taking delivery of much larger quantities of battery cells from […]

Tesla Stories June 7, 2016

Tesla and Elon Musk are ‘years ahead of the competition’, says billionaire TSLA investor Ron Baron

Ron Baron, the billionaire founder of Baron Capital, was on CNBC this morning to discuss his latest favorite investment: Tesla Motors (TSLA). The mutual fund manager said that he sees Tesla becoming one of the largest companies in the world and he sees his fund holding it stock for the next 10 to 20 years.

Tesla Stories July 6, 2016

Elon Musk mocks claim that Tesla is killing flamingos

The Economic Times released an interesting article with a reaching title ‘How Elon Musk’s Tesla Motors maybe killing flamingos with its electric cars‘ yesterday. The claim is so absurd that it prompted Musk to mock it on Twitter: Because of course I hate flamingos…(maybe try eating fewer flamingo eggs in your salad)https://t.co/tUKsWqCobo — Elon Musk (@elonmusk) July […]

Tesla Stories June 27, 2016

Tesla gets ~$20 million for the Gigafactory by selling tax credits to MGM Grand Casino [Updated]

When Tesla inked a deal with the state of Nevada to build its giant battery factory near Reno, it was widely reported that Tesla received $1.3 billion in tax incentives. While the deal could be worth close to the amount over a 20-year period, it is not clear how much Tesla is currently getting from […]

Tesla Stories June 28, 2016

Battery market for electric vehicles to rise to $10 Billion in 2020, thanks to Tesla, BYD and VW [Report]

A new research report from Lux Research looked into the projected growth of the battery sector for electric vehicles (BEVs and PHEVs) and concluded that the market will rise to $10 Billion in 2020 with six large carmakers led by Tesla accounting for 90% of the demand.

Tesla Stories June 29, 2016

Tesla Model 3 exclusive leaked specs: 300kW+ inverter architecture putting its power capacity near Model S

Tesla manufactures its drive inverter for the Model S/X in-house at its Fremont factory, but the automaker is using proven off-the-shelf products — primarily TO-247 transistor packages. The company used this approach from the start when working on the Roadster. Like what it has been doing with battery cell technology, the automaker saw an opportunity to attach […]

Tesla is flying 12 lucky Model 3 reservation holders to the Gigafactory Grand Opening all-expenses paid

The Tesla Gigafactory 1 is the Chocolate Factory and Elon Musk is Willy Wonka! Tesla quietly created a ‘Golden Ticket’ drawing for all the Model 3 reservation holders who placed a pre-order during the first day and randomly selected 12 winners to receive an all-expenses paid trip to the Gigafactory Grand Opening.

Tesla Stories July 17, 2016

Tesla sends out ‘Gigafactory Grand Opening’ invites: test drives, factory tours and remarks are scheduled

One of the prizes for the latest round of Tesla’s referral program, which ended last Friday, was an invite for two at the ‘Gigafactory Grand Opening’ on July 29. The invites are now going out with a few more details on the event, as well as a raffle for more invites for Tesla owners.

Tesla Stories July 18, 2016

Tesla quickly renews its referral program with again a $1,000 discount and increases the limit [Updated]

As we discussed when Tesla announced its last round of the referral program, the automaker is still tuning the program since the first round over a year ago now. Tesla went through 4 rounds with the latest ending last Friday and each round had different rules, rewards and discounts. On occasions, Tesla waited a few […]

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