During the 2016 Shareholders Meeting today, Tesla CEO Elon Musk announced that the company could triple the total planned battery output of the Gigafactory to ~105 GWh of cells and ~150 GWh of battery packs – or over 3 times the current total li-ion battery production worldwide.

The new potential total capacity would be based on the current planned factory of 13 million sq-ft – with no expansion needed. Musk revealed a few other tidbits of information about the plant during the meeting. expand full story