Goldman Sachs estimates that Tesla needs an additional $6 billion in order to meet sales expectations for both cars and batteries.
Browsing the "gigafactory" Tag
Panasonic executives say that the Gigafactory could bring some “acceleration to this industry,” especially among European automakers.
Even though Nevada won the Gigafactory, California will be home to many more Tesla employees and an electric car “ecosystem” that’s continuing to expand.
Nevada is the site of the first Gigafactory, and with it come a new study that casts doubt on Elon’s battery cost-reduction ambitions.
Elon Musk has promised to power the Gigafactory using only its own, green energy sources. Can it be done, and if so, how?
Last night Nevada Governor Brian Sandoval joined Tesla CEO Elon Musk in officially announcing a $1.2 billion incentive package for the Gigafactory.
Following news that Tesla has selected Nevada for the Gigafactory, Apple iPhone manufacturer Foxconn has announced its own battery factory plans.
Tesla is expected to announce today that the electric automaker is building its battery Gigafactory outside of Reno thanks to a huge incentive package.
The Tesla Gigafactory is really happening, and it could bring the cost of Tesla battery packs down to the magic $100 kWh needed for price parity.
The environmental disaster known as the Salton Sea could be a deciding factor in California’s plan to win the bid for the Tesla Gigafactory
Visual Capitalist has produced an infographic explaining how the Tesla Gigafactory will employ economies of scale to lower the cost of EV batteries.
Tesla is still on the hunt for a location to build its Gigafactory, and while California was not on the short list of locations initially, Governor Jerry Brown has still approved potential property tax breaks for the electric car maker. California has been lobbying hard to land the first Gigafactory. Governor Jerry Brown and a bi-partisan […]
Panasonic has agreed to invest $200 million dollars in the new battery Gigafactory, and will sign an agreement with Tesla soon.
This year, Tesla Motors hopes to sell approximately 35,000 Model S sedans. By 2020 though, Tesla plans to sell 500,000 electric vehicles. Can they do it?
When there are billions of dollars and thousands of jobs in the balance, things tend to get a little bit strange. Consider this: a man in Albuquerque, New Mexico is offering 400 acres of land – for free! – to Tesla Motors to build their Gigafactory on. The Gigafactory is the brain child of Tesla […]
Bipartisan legislation backed by California Governor Jerry Brown has been introduced to possibly make California the home of the first Tesla Gigafactory.