Tesla's $5B gigafactory at full tilt by 2020
Once running, plant is expected to produce more than 500,000 batteries.
After teasing with a few small details last week, Tesla revealed more information on its proposed gigafactory that will provide lithium-ion batteries for its electric vehicles — and others? — for 30 percent less than what they cost now.
"The Gigafactory is designed to reduce cell costs much faster than the status quo and, by 2020, produce more lithium ion batteries annually than were produced worldwide in 2013," the company declared in a blog post yesterday afternoon.
The plant is expected to cost between $4 billion and $5 billion, with Tesla kicking in $2 billion, the company said. Once running at full capacity in 2020, the plant is expected to produce more than 500,000 batteries, matching Tesla's expected output of 500,000 vehicles.
Tesla's new factory will employ 6,500 people and will be located in one of four states: Texas, New Mexico, Arizona or Nevada. The location is due, in part, to the company's desire to use renewable energy resources, such as wind and solar, to power the plant.
The choices for the site location are interesting. Texas has been fighting the automaker's efforts to sell its vehicles outside of the existing dealer franchise network for some time.
Tesla-backed bills that would have created an exemption to current state law restricting factory-owned dealerships failed to make it to the floor of the Texas House or Senate for voting last year, the Automotive News reported. The Legislature's regular session ended last May, and it won't meet again in a general session until 2015.
As for New Mexico, it was considered the early leader to be the home for the company's production plant. In fact, Gov. Bill Richardson announced the company was coming, but in a last-minute reversal, Tesla purchased the old General Motors/Toyota plant in Fremont, Calif. that currently builds the Model S. As a result, the developer involved in the deal for the New Mexico site, Rio Real Estate Opportunities, filed a lawsuit against the maker claiming fraud, breach of contract and other violations.
The suit claims that Rio Real Estate was contracted to build the plant for $1.35 million per year for a period of 10 years, and in the run-up to the deal, the developer invested in environmental reports, local approvals and engineering resources, according to Wired.com. All those efforts cost the firm money, and Rio Real Estate claims that Tesla reneged on the deal after it signed a binding agreement in February of 2007.
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The average person must realize we’re not actually in the driver’s seat anymore even at voting time it’s only a ploy to get ‘buy-in”, the thing is you’re supposedly given a choice between “A” or “B” candidates. Yes, but both sides telling each faction what they want to hear, hanging out the dirty laundry of their opponent at every opportunity, not considering what’s best for the total Nation.
Oftentimes the critical decisions are accomplished without the general populous’ consent, that’s what you’ll get if having a bought-out media. I’m thinking now way back to the election just before Vietnam, between Goldwater & Johnson. Johnson said “no boys are going to die in a foreign war” while labeling Goldwater as a “war monger”, so most voted against war obviously.
After the election Goldwater was being interviewed and he said “both sides knew we were going to Vietnam” with that revelation who actually made the decision, surely not the people. Also just after the election he called up 50,000 troops augmenting 15,000 advisors stationed there already saying “we’re committed to go”. That’s how I define true “treason”.
Today Americans have GMO’s in their food, contaminated water, Dumbed-down schools, unemployment, preoccupied with all manors of sports, is that just negative thinking or reality taking hold finally after 71 years?
For those of you who are bashing right-to-work states with no union participation, take a look at Detroit and the third-world $hithole it has become. Blame the greedy unions, blame the incompetent management, and blame burdensome government regulation for why Ford, GM, and Chrysler are all junk. Unions are no longer needed since OSHA now implements strict labor laws that protect the laborer. Yes, the very same laws that unions fought for decades ago.
Way to go Tesla! This is a step in the right direction!
Nevada is ideally suited for solar and wind energy and is very active in promoting alternative energy. There is also a lot of geothermal activity that is being utilized.
In all nice job Tesla! Bringing Americans decent jobs with new technology right here at home. It is companies like these we as Americans should be supporting by purchasing their products. I just hope Tesla will build an electric that is around the 35K price point.
Is it practical for "home-use" to have banks of batteries dedicated for running the house but made by the Gigafactory, these could be brought up to a charged status firstly, then fed the Utility companies the overflow from SolarCity® panels on the roof - thereby not consuming much purchased energy?