Tesla Gigafactory news

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Jul 31, 2017
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“[Tesla has] preliminary discussions with two German states vying to host a so-called Gigafactory in Europe to build electric cars and their batteries under one roof, officials involved in the talks said.
The talks are still in their early stages, and might not yield an agreement, the officials said. Tesla has also discussed an option to build the plant in the Netherlands, said a Dutch government official, who declined to say if that option is still being pursued.”
“Production at Tesla is gaining momentum. We are ramping up a new (battery production) line now and expect the business to contribute not just to our revenue but also to our profit from the second half (starting in October).”
“The electric-car pioneer is considering raising some of the $5 billion it intends to invest in the plant near Shanghai from local partners, according to a person familiar with the plans, who asked not to be identified as the matter is private.”
“At the end of July, Gigafactory 1 battery production reached an annualized run rate of roughly 20 GWh, making it the highest-volume battery plant in the world by a significant margin. Consequently, Tesla currently produces more batteries in terms of kWh than all other carmakers combined.”
 
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