April 19, 2024 10:19 am
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Tesla races to finish ‘gigafactory’ in time for Model 3 rollout

Screen Shot 2016-07-25 at 5.57.14 AMCEO Elon Musk anticipates the new plant could be capable of producing a total of 105 gigawatt hours of battery cells by 2020

By Mike Ramsey | The Wall Street Journal

Tesla Motors Inc. is scrambling to finish building its massive $5 billion battery factory here years ahead of schedule to meet demand for its coming cheaper sedan and provide power for new types of vehicles Chief Executive Elon Musk says are under development.

Tesla has doubled the amount of people constructing the “gigafactory,” which sits on more than 3,000 acres near Reno. Now, 1,000 workers build seven days a week on two shifts in an effort to start churning out lithium-ion cells by early 2017.

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