Tesla begins Gigafactory battery cell production

Author: Spencer Ogden
Date posted05/Jan/2017
Author: Spencer Ogden
Tesla has announced its first battery cells are rolling off production lines to power the company's energy storage products.

More than 2900 people are already working at the 4.9 million square-foot (455,000 square metre) facility in Reno, Nevada, and an additional 4000 jobs will be added this year through the partnership between Tesla and Panasonic.

Next year, the Gigafactory, which is less than a third complete, will double the world's production capacity for lithium-ion batteries and employ 6500 full-time Reno-based workers, according to Tesla.

"We believe Tesla battery sales are accelerating," said Baird analyst Ben Kallo. "The ramp of Tesla Energy and Model 3 production could exceed expectations."

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