South Korean President Yoon Suk Yeol met with Tesla CEO Elon Musk in Washington, D.C., today during a six-day visit to the US. The meeting was at Musk’s request to discuss the possibility of building a Tesla Gigafactory in Korea.
Expand Expanding Close
Elon Musk says that Tesla’s factory might not necessarily be in the US as the automaker is also considering options in Canada and Mexico for a new North American plant.
Expand Expanding Close
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 semi-truck, Cybertruck, and 2nd generation Roadster already confirmed, plus goals to produce a $25,000 model, Tesla is continuously growing.
Expand Expanding Close
Tesla has been on a tear lately, and it looks like CEO Elon Musk is trying to think of new ways to spend some money. Tonight he dropped a hint that, in addition to current gigafactory projects in China and Germany, Tesla is considering one in Texas.
After confirming Gigafactory 3 in China, Tesla is reportedly in talks with local governments in Germany and the Netherlands to secure a location for ‘Gigafactory 4’ to produce batteries and electric vehicles in Europe.
Expand
Expanding
Close
There has been a lot of talk about Tesla soon announcing a new Gigafactory in China as the company confirmed discussions with the Shanghai government to build a plant in their Free-Trade Zone.
But the company has also been talking about a European factory.
Tesla CEO Elon Musk now says that Germany is the “leading choice” for a factory in Europe.
Expand
Expanding
Close
Panasonic is currently an important part of Tesla’s first two Gigafactories; Gigafactory 1 in Nevada does battery production and Gigafactory 2 in New York handles solar panel and tile production.
Tesla says that it has several other Gigafactories planned and Panasonic says that it is now considering partnering up again with Tesla for a new Gigafactory in China.
Expand
Expanding
Close
2018 is going to be an important test for Tesla Gigafactory 1 in Nevada. After starting battery cell production in early 2017, Tesla set a goal to reach a production of 35 GWh in 2018 to support the Model 3 ramp up.
Tesla increased its hiring effort this week in order to achieve that goal.
Expand
Expanding
Close
Companies are having difficulties getting their hands on cylindrical battery cells for their products and now a report coming out of Korea, where several major battery manufacturers are located, is blaming Tesla’s Gigafactory 1 in Nevada.
Expand
Expanding
Close
Last week, Tesla CEO Elon Musk hinted that Gigafactory 1 in Nevada could be one of the “production bottlenecks” slowing the Model 3 production ramp.
Now it looks like it’s confirmed as Panasonic, Tesla’s battery cell manufacturing partner at the factory, comments on the situation.
Expand
Expanding
Close
Panasonic is reportedly putting in place a ~$800 million plan to increase production across all its battery factories, including through its partnership with Tesla at Gigafactory 1 in Nevada.
Expand
Expanding
Close
The completion of a new highway was part of Tesla’s deal with the state of Nevada when they chose Sparks for the location of their first Gigafactory to produce batteries.
Now the automaker brought a new Model 3 to inaugurate the ‘game changer’ highway near Gigafactory 1.
Expand
Expanding
Close
We get our latest look at Tesla’s Gigafactory 1 in Nevada, which CEO Elon Musk claims is already producing more batteries than any other factory in the world, thanks to a new flyover and drone video.
Expand
Expanding
Close
Tesla has always been clear about its ambitious goal to produce more batteries at its Gigafactory in Nevada than the entire industry combined, but the production ramp up has been less clear.
In order to give an idea of the current capacity, CEO Elon Musk now says that the factory is already producing more batteries than any other factory in the world.
Expand
Expanding
Close
We get our closest and most beautiful look at the progress made at Tesla Gigafactory 1 in Nevada in a while – thanks to a new drone video by Duncan Sinfield.
Expand
Expanding
Close
Tesla has confirmed to Bloomberg that its longtime battery technology director, Kurt Kelty, has left the company.
Expand
Expanding
Close
While Tesla CTO JB Straubel said that he doesn’t expect the Gigafactory to be a bottleneck for the production of the Model 3, the company still needs to expand its production capacity if it wants to hit next year’s target of 35 GWh of battery production.
We now learn of their latest expansion projects through new building permits.
Expand
Expanding
Close
Since he announced a planned hyperloop route from New York to Washington DC yesterday, Elon Musk has been talking about other possible routes for his new Boring Company.
Now a Hyperloop route all the way up to Tesla Gigafactory 1 in Nevada is apparently being considered for cargo.
Expand
Expanding
Close
Tesla’s Gigafactory 1 in Nevada has expanded significantly over the last year in preparation for the start of Model 3 production and the ramp up of Tesla’s energy storage business.
We now get a good look at just how much it expanded through satellite images of the battery factory.
Expand
Expanding
Close
Tesla and CEO Elon Musk have been talking for a few months about upcoming new Gigafactories with the new locations to be announced by the end of the year.
While some oversea factories have been rumored for a while, it has never been clear where those factories will be built and if the US will get some of them.
Musk now says that “2 or 3” more Tesla Gigafactories are coming to the United States.
Expand
Expanding
Close
Tesla has been able to turn its manufacturing plants into some kind of attractions. The company offers regular tours of its Fremont factory for Tesla owners to see where their cars are coming from and it even pushed an “industrial tourism” bill that would have enabled out-of-state buyers to pick up their cars at the factory.
Now, Tesla also plans to open up Gigafactory 1 in Nevada for regular tours.
Expand
Expanding
Close
We haven’t seen a new picture of the Tesla Gigafactory 1 in Nevada in about two months and during that time, they have been busy preparing for the production of Model 3 battery packs and drive units.
Now a new aerial shot of the giant battery factory shows lots of activity as they are starting production.
Expand
Expanding
Close
Following the series of reports stating that Tesla reached a deal with the Shanghai Municipal Government to build a factory in the region, the company has now confirmed that they are working with the local government to establish a manufacturing facility – without confirming that a deal has been reached, as previously reported.
Expand
Expanding
Close
The rumors that Tesla finally signed an agreement to build a Gigafactory in China have intensified today.
Several Chinese and US publications were reporting that the deal was coming over the last week, while Tesla stayed silent. Those same publications are now reporting that it is done.
Update: Tesla has confirmed that they are working with the Shanghai government without confirming that a deal has been reached.
Expand
Expanding
Close
