Tesla opens Gigafactory to expand battery production, sales

August 1, 2016

 

Elon Musk, Tesla CEO. [Photo provided to China Daily] It’s Tesla Motors’ biggest bet yet: a massive, $5 billion factory in the Nevada desert that could nearly double the world’s production of lithium-ion batteries. Tesla officially opened its Gigafactory on Tuesday, a little more than two years after construction began. The factory is about 14 percent…

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