Photo: Screenshot from YouTube
Elon Musk just made another bombastic announcement yesterday during the annual shareholders' meeting, proving once again he has no problem throwing very big numbers around.
Early last month, the Tesla CEO announced a few details regarding the company's next car, the much-awaited Model 3. He said that the Fremont plant where Tesla currently assembles its car could deliver up to 200,000 Model 3s by the end of next year, with production scheduled to start on July 1.
But probably sensing this number wasn't far-fetched enough, Elon Musk went not one, but several steps further and estimated that the factory in California could be expanded to produce 1,000,000 units a year.
With almost one month passing without any other big announcements, it was time Elon Musk struck again. This time, though, his ambitions are linked with the Gigafactory located near Reno, Nevada. The plant that will be responsible for the production of battery cell and packs to fuel those hallucinating numbers of new vehicles over the next years will open on July 29, with production starting shortly.
Speaking in front of an audience, Musk said that the planned output of his Gigafactory might be jacked up to 105 GWh of cells and 150 GWh of battery packs (with the 45 GWh difference coming from cells manufactured elsewhere) a year. To put that number into perspective, it's about three times more than the capacity of Li-ion batteries currently built in the entire world.
Tesla isn't putting all of its money on vehicle production either, with stationary power storage units playing an increasingly more important role. The split between the two was initially believed to be at around 1/3 and 2/3 in favor of the battery packs destined for the company's electric vehicles. Now, though, Musk said that it will be "closer to even," which shows the increased importance the PowerWall and PowerPacks are receiving.
There's no doubt about it: if the future turns out to be electric, this man has played more than a key part in it. But he's not alone. Tesla will be working together with Panasonic, and Musk revealed another important piece of information: the two companies will build a new 20700 cell format that's larger than the current 18650.
In case you haven't noticed, Musk is a bit of a workaholic, so we can continue to expect more similar predictions from him. Let's just hope he'll be just as active in carrying them out as he is in talking about what his company can or is going to do.
But probably sensing this number wasn't far-fetched enough, Elon Musk went not one, but several steps further and estimated that the factory in California could be expanded to produce 1,000,000 units a year.
With almost one month passing without any other big announcements, it was time Elon Musk struck again. This time, though, his ambitions are linked with the Gigafactory located near Reno, Nevada. The plant that will be responsible for the production of battery cell and packs to fuel those hallucinating numbers of new vehicles over the next years will open on July 29, with production starting shortly.
Speaking in front of an audience, Musk said that the planned output of his Gigafactory might be jacked up to 105 GWh of cells and 150 GWh of battery packs (with the 45 GWh difference coming from cells manufactured elsewhere) a year. To put that number into perspective, it's about three times more than the capacity of Li-ion batteries currently built in the entire world.
Tesla isn't putting all of its money on vehicle production either, with stationary power storage units playing an increasingly more important role. The split between the two was initially believed to be at around 1/3 and 2/3 in favor of the battery packs destined for the company's electric vehicles. Now, though, Musk said that it will be "closer to even," which shows the increased importance the PowerWall and PowerPacks are receiving.
There's no doubt about it: if the future turns out to be electric, this man has played more than a key part in it. But he's not alone. Tesla will be working together with Panasonic, and Musk revealed another important piece of information: the two companies will build a new 20700 cell format that's larger than the current 18650.
In case you haven't noticed, Musk is a bit of a workaholic, so we can continue to expect more similar predictions from him. Let's just hope he'll be just as active in carrying them out as he is in talking about what his company can or is going to do.
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