12 Untold Facts About Elon Musk’s Gigafactory

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Elon Musk is a Canadian American business person, investor, and inventor.He is the 83rd wealthiest person in the world. His main goal is to reduce global warming through sustainable energy production and to make life multi-planetary. He is the founder of SpaceX and X.com (merged with Paypal), co-founder and chairman of SolarCity, co-chairman of OpenAl, co-founder of Zip2 and Tesla Motors. Tesla Gigafactory’s mission is to accelerate the world’s transition to sustainable energy. So we must produce a sufficient volume of electric vehicles to bring change in automobile industry. With 500,000 production/ making of cars every year, Tesla alone will require present day’s entire world’s lithium ion batteries. To solve this problem, Gigafactory will produce more lithium ion batteries annually than were produced worldwide before. One of the Gigafactory’s strategic partner is Panasonic. The name Giga comes from the factory’s planned annual battery production capacity of 35 giga-watt hours which means to generate 35 billion watts for one hour!

Let’s know about some of the untold facts about Elon Musk’s Gigafactory!

1.The factory is located on 3,000 acre lot of land in Storey County, near Reno, Nevada.

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2.According to Musk, the purchase will enable the company to expand the size of the factory by 50 or even 100 times!

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3.Currently, Gigafactory is 71 feet tall and stretches for more than 5.5 million square feet or the equivalent of 126 acres

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4.It will be the world’s second largest building; slightly smaller than Boeing’s Everett, Washington, plant

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5.According to Fast Company Report, it is made up of four different structures built on four separate foundations. So it can better withstand earthquakes

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6.According to Reno-Gazette Journal, Tesla has spent around $16 million on the foundation

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7. The factory will be fully operational by 2020 and the Tesla predicts to reduce its battery prices by nearly 30%

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8.Old trains will come into the factory and will come out as batteries. Recycling of everything will be a huge part of the effort

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9.The factory itself will create all of the energy it needs by utilizing solar panels, geothermal and wind power

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10.Though Tesla is already the biggest consumer of lithium ion on the planet. But it will also become the biggest producer of lithium ion batteries

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11.A total of $5 billion will be collectively invested by Tesla and its partners by 2020

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12.The company has already started hiring for positions like engineering technicians and human resources

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