Can Tesla produce Model 3s in volume, and make a profit? That’s the question of the day (or maybe, of the century). Investment management firm Worm Capital (among others) believes that the answer depends on how efficiently the company is able to manufacture its battery packs, and it recently sent a team to visit Tesla’s… Read more »
Search Results Found For: "Nevada Gigafactory"
Nevada: There’s lithium in them thar hills!
Scare stories about a looming lithium shortage are just that. As informed observers keep pointing out, lithium is not a consumable fuel, it’s easily recycled, and batteries don’t really use all that much of it. Be that as it may, there is a scramble going on to secure supplies of the light white stuff, especially… Read more »
More Gigafactory details: world’s largest rooftop solar array
At a recent event for investors, Tesla revealed some tantalizing details about its Nevada factory, which is now producing battery cells. The company is now calling the massive manufactory Gigafactory 1 (GF1), a hint of hopes to build similar facilities in Europe and/or China. Tesla has long planned to make this a fossil fuel-free facility…. Read more »
Tesla Gigafactory begins producing cells
It seems we’ve been waiting forever, but in fact, as these things go, it happened with lightning speed. Tesla’s game-changing Gigafactory has started producing battery cells, destined for the Powerwall and other energy storage products and, beginning in the second quarter, the Model 3. The sprawling Nevada plant is already assembling utility-scale Powerpacks for Southern… Read more »
Tesla’s Gigafactory features renewable energy, recycling, robots…and horses
As Tesla develops the mass-market Model 3, it is simultaneously working on the Nevada Gigafactory that will produce the boatloads of batteries required. When the futuristic factory is finished in 2020, it is expected to produce more lithium-ion batteries than all the world’s other battery factories combined. When completed the 13-million-square-foot facility will have the… Read more »
Lithium X acquires potential lithium lode in Nevada
The business of prospecting for lithium is still tiny compared to the worldwide oil exploration industry, but some companies are already buying up tracts of land that may contain motherlodes of the light white stuff. The lithium exploration and development company Lithium X Energy has announced its acquisition of the CVL Lithium Property in Nevada’s… Read more »
Panasonic will spend up to $1.6 billion on Tesla gigafactory
Panasonic has been involved with Tesla’s Gigafactory from the beginning of the project, but until now, it hasn’t said exactly how much it plans to invest. Now Panasonic President Kazuhiro Tsuga has told Marketwatch that the company will invest up to $1.6 billion, hoping to secure its future in automotive electronics. Sales to carmakers represented… Read more »
Tesla shifts focus to Model 3 as engineers prepare to start work at the Gigafactory
Tesla’s Chief Technology Officer JB Straubel gave a talk at the University of Nevada in Reno this week, as the company announced a new internship program and an investment of $1 million in the university’s battery research program. Saying that the transition to a truly sustainable world won’t be accomplished in a single generation, Straubel… Read more »
First phase of Tesla Gigafactory nearly complete
Tesla’s game-changing Gigafactory in Northern Nevada is taking shape even faster than expected. The first building phase is nearly complete, the company told Nevada’s Legislative Commission in a quarterly report that it is required to provide under the terms of the $1.3-billion package of tax incentives it received from the state. The first phase is… Read more »
Does Tesla’s Gigafactory have water worries?
Tesla’s Gigafactory, now under construction in northern Nevada, is expected to offer some 6,000 manufacturing jobs, which will be welcome in a state whose economy is dependent on gambling and tourism. Most are enthusiastic about the new development, but there are questions about whether local resources and infrastructure will be adequate. As always in this… Read more »