Tesla boss claims Gigafactory is already the biggest battery manufacturer in the world
Company says its factory will produce more than the rest of the world combined once at full capacity
Tesla’s battery factory in the Nevada desert is producing more batteries than any other factory in the world, company boss Elon Musk has claimed.
The California-based firm has always said that its Gigafactory will ultimately build more batteries than the rest of the world combined, but it has been unclear how quickly it is working towards that goal.
Musk’s claim has been reported by green car blog Electrek, which cites two sources involved in a conference call for bondholders. The call followed yesterday’s news that Tesla was aiming to raise £1.2bn by selling new bonds.
While Musk remained tight-lipped on exactly how many batteries were being produced, it would have to be in excess of 4GWh per year to claim the highest annual production right now, with 35GWh its ultimate goal.
The news that the company is already building large numbers of batteries as part of its partnership with tech firm Panasonic will be reassuring to investors, as Tesla has a history of missing production deadlines with its cars.
It has big plans for its Gigafactory. Aside from massive battery production, it also builds Model 3 drive units at the desert facility, with plans to move more production for the company’s other cars from its plant in Fremont, California, as the new factory expands.
Musk says that once it is finished, the Gigafactory will have the biggest footprint of any facility of its kind anywhere in the world.
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