Search Results for: gigafactory 1

Tesla gigafactory Stories January 12

Tesla factory locations: Where they are and could soon be

As Tesla’s stock currently continues to rise along with its current market cap valuation approaching $800 billion, it’s safe the say the American EV automaker is doing okay. Tesla currently produces four electric vehicles at its various factory locations around the world. These Gigafactories also produce battery and solar technologies for the brand. With a […]

Tesla gigafactory 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 gigafactory Stories November 8, 2016

Tesla plans to choose location for ‘Gigafactory 2’ in Europe next year, will produce both batteries and cars

Tesla CEO Elon Musk and CTO JB Straubel are in Germany today to announce the acquisition of a German engineering group, Grohmann Engineering. Following the announcement, they held a press conference during which Musk emphasised that Tesla is planning “significant investments” in Germany and the conversation quickly moved to Tesla not only investing in engineering […]

Tesla gigafactory Stories October 17, 2016

Tesla to hold a special event at the Gigafactory on January 4, 2017

While the attention around Tesla is mainly on the upcoming announcement on Wednesday and the event with SolarCity on October 28, there also have been talks through Tesla investor channels about an upcoming event at the Tesla Gigafactory on January 4, 2017. Today Tesla confirmed the event during which investors will have a chance to […]

Tesla gigafactory Stories November 2, 2016

Elon Musk on Tesla/Panasonic’s new 2170 battery cell: ‘highest energy density cell in the world…that is also the cheapest’

Despite likely being Tesla’s most important fundamental product developed so far, we know very little about the new 2170 battery cell to be manufactured at the Gigafactory in Nevada. Tesla and its manufacturing partner, Panasonic, are keeping a lid on the details. Last night, Tesla CEO Elon Musk made a bold claim [I know, shocker] about the […]

Tesla gigafactory Stories October 30, 2016

Tesla Gigafactory: stunning new 360 image of ‘Gigafactory 1’ shows progress ahead of production ramp up

Tesla’s Gigafactory is about to get busy. Well, it’s already quite busy with construction, but we are now talking about production. Some Tesla energy products have been trickling out of the factory for a year now, but with the new generation (Powerwall 2 and Powerpack 2) – things are about to get serious. Now we […]

Tesla gigafactory Stories October 31, 2016

Panasonic warns of possible difficulties in keeping up with Tesla’s demand for batteries

While reporting Panasonic’s latest financial results, Chief Executive Kazuhiro Tsuga commented about the company’s growing partnership with Tesla. Tsuga warns that Panasonic could have problems aligning its production capacity with Tesla’s demand for batteries without more investments.

Tesla gigafactory Stories October 15, 2016

Tesla is building new ‘drive unit production lines’ at the Gigafactory, will not only manufacture battery packs

The Tesla Gigafactory is key to the automaker’s planned production ramp up to 500,000 cars per year by 2018. It is expected to both significantly reduce the cost of Tesla’s battery packs, which will enable Tesla to reach the $35,000 price point for the Model 3, and to secure a large supply of battery cells. […]

Tesla gigafactory Stories December 10, 2016

Tesla expands hiring and manufacturing scope of the Gigafactory with highly automated drivetrain production

Earlier this year, we learned that Tesla is expanding the scope of the Gigafactory in Nevada to not only manufacture battery cells and packs, but also electric motors on new ‘Drive Unit assembly lines’. It was revealed through job postings at the factory, but now Tesla is “expanding its manufacturing team in the Gigafactory” with […]

Tesla gigafactory Stories December 6, 2016

Tesla receives $8 million in tax credit for the Gigafactory after passing audit for job & investment requirements

While it was widely reported that Tesla received $1.3 billion in incentives from the state of Nevada to build its factory east of Reno, the automaker has only received a fraction of that amount so far and it is gradually unlocking portions of it as it reaches job and investment requirements under the agreement. After […]

Tesla gigafactory Stories November 29, 2016

Tesla Gigafactory 2: several countries launch efforts to attract Tesla’s new electric car & battery plant

In the few weeks since Tesla CEO Elon Musk announced that the automaker will decide on a location in Europe next year for what the company has been referring to as ‘Gigafactory 2’, an electric car and battery factory modeled after Tesla’s first Gigafactory in Nevada, a few countries have already launched efforts to convince […]

Tesla gigafactory Stories November 16, 2016

Tesla obtains permits for over $60 million in construction projects at the Gigafactory over the last month

As we recently reported in our latest updates about the Tesla Gigafactory, it grew in size a lot over the past few months. New sections south of the plant and one north of it added 3.45 million square feet to the already 1.9 million square feet of existing space at the factory. It looks like […]

Tesla gigafactory 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 gigafactory 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 gigafactory Stories February 11, 2017

Tesla Gigafactory: the Potemkin village looks more like a burgeoning city as workers start production

The Gigafactory 1 in the Nevada desert is central to Tesla’s strategy. It’s seen among supporters as Tesla’s main advantage by securing low-cost battery supply that will enable ramping up production of long-range and affordable electric vehicles. But it’s seen by detractors as a Potemkin village – no more than an empty shell with little chance of […]

Tesla gigafactory Stories February 7, 2017

Tesla Gigafactory reaches over $1 billion in construction costs as battery production ramps up

As Tesla and Panasonic started battery cell production at the Gigafactory in Nevada last month, the company acquired several new building permits to continue expanding its already massive battery factory. The addition and modification of 9 permits in January pushed the total construction cost of the plant passed $1 billion. 

Tesla gigafactory Stories February 21, 2017

How to invest in the resource boom that Tesla Gigafactory and electric vehicles are creating

For those of us who believe that the entire automotive industry is rapidly transitioning from being powered by fossil fuels to electricity, it becomes important to transfer any asset from one to the other not only from an environmental standpoint, but also from a financial standpoint. We have reported before on a growing movement to […]

Tesla gigafactory Stories February 18, 2017

Tesla is now claiming 35% battery cost reduction at ‘Gigafactory 1’ – hinting at breakthrough cost below $125/kWh

Recent studies show that average electric vehicle battery cost dropped 80% in 6 years down to ~$227/kWh. It’s exciting progress for the electric vehicle industry, but it’s still not enough to make long-range electric cars affordable. You need batteries significantly below the average – battery cell and pack cost – in order to achieve the price point for mass […]

Tesla gigafactory 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 gigafactory Stories July 29, 2016

Tesla Gigafactory: new building permits show $63 million in latest expansions, new battery module lines

Just as Tesla owners, executives, employees, and Nevada officials are gathering at the Gigafactory 1 in Sparks, Nevada, for its ‘Grand Opening’ today, we get a few more details about the plant’s ongoing expansions with the release of a new series of building permits.

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