When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works

Home / News / Tesla Motors’ gargantuan Gigafactory will open on 29 July

Tesla Motors’ gargantuan Gigafactory will open on 29 July

It's key to Tesla ramping up production for the Model 3

Tesla Motors is already the highest-profile producer of electric cars, but the company is about to amplify its efforts with the release of the Model 3, which tallied about 400,000 pre-orders as of late last month.

Problem is, Tesla doesn’t have the manufacturing infrastructure to produce enough lithium ion batteries to even come close to producing that many cars within a couple years’ time. That’s what the Gigafactory is for, and it’s on the verge on opening this summer. Ceremonially, at least.

Fortune and Tesla Central have confirmed that Tesla’s Gigafactory will hold a grand opening event on 29 at the factory, which is located in the aptly named Sparks, Nevada. Some VIPs have received invitations, such as people who referred friends to buy the Model S, but media invites haven’t yet gone out.

As of earlier this month, the factory was only about 1/8 of the way built – so the entire structure surely won’t be fully built in two months’ time. But enough of it will probably be ready so that Tesla can start gearing up for the impending battery production, and certainly enough to host an event to drum up some enthusiasm.

The Gigafactory has long been pegged as a crucial component in Tesla’s plans to ramp up production, as batteries are the priciest part of the equation. Having one massive factory dedicated to making the batteries, and doing so at a large scale, should drive down costs and increase efficiency over time.

Battery production won’t actually begin until next year, as the company starts working towards delivering the first Model 3 pre-orders at the end of 2017, and Tesla says the factory won’t reach full production until 2020. But once it reaches that point, it should be able to help Tesla meet its goal of making 500,000 electric cars per year – a lofty target, indeed.

[Sources: Fortune, Tesla Central via The Verge; Tesla Motors]

Profile image of Andrew Hayward Andrew Hayward Freelance Writer

About

Andrew writes features, news stories, reviews, and other pieces, often when the UK home team is off-duty or asleep. I'm based in Chicago with my lovely wife, amazing son, and silly cats, and my writing about games, gadgets, esports, apps, and plenty more has appeared in more than 75 publications since 2006.

Areas of expertise

Video games, gadgets, apps, smart home

Enable referrer and click cookie to search for eefc48a8bf715c1b ad9bf81e74a9d264 [] 2.7.22