tesla flips the switch on the gigafactory - powerwall 2 price

Gigafactory has been activated.
Nev, Nev.
Cowboy gambling and wild horses are still wanderinga diamond-
The sweat and commitment of Tesla CEO Elon Musk is forming a fancy factory.
It's called Gigafactory, and today its first battery is on and off the production line, powering the company's senergy storage products and the Model 3 electric vehicle soon after.
The beginning of mass production is a huge milestone in Los Angeles's power transportation, which brings a manufacturing industry to the United States --battery cells—
China, Japan and South Korea have long dominated.
There are already more than 2,900 people working on the 4 th.
9 million square meters
Walking facilities, 3 or more jobs (
Including temporary construction work)
This year will increase through the partnership between Tesla and Panasonic.
4 by 2018, less than the third full gigabit plant will double the world's lithium production capacity
500 full ion battery and employment-time Reno-
According to a new forecast from Tesla, employees based in the United States.
Shares of the company hit their highest since August, closing up $10 to $226.
Trading in New York.
The full launch of Gigafactory has a meaning for Tesla, and it represents a sense of urgency in a company known for its deadline.
After missing milestone, the most aggressive product set for itself over the past decade, Tesla has to prove to investors and customers that it can go public as scheduled before its first mass launchproduced car.
There are some signs of hope.
On Wednesday, the third successful goal came in the new year.
The company fulfilled its commitment to quickly complete the large-scale battery storage project of California power grid 5;
It has introduced promised software upgrades to cars equipped with new self-driving hardware 6;
Now it's starting to produce batteries at the Gigabit plant.
Nevertheless, the company reported that the target for delivery of 80,000 vehicles in 2016 had been shortened, with only 76,230 completed in a timely manner.
Gigafactory itself is moving fast.
Two years before their initial deal with Nevada, the recruitment plans of putt Tesla and Panasonic.
The company initially promised to provide full
By 2019, the working hours of local residents were 4 thousand, and by 2020 they were 6,500.
In five years, Tesla has raised its forecast for the peak battery production in Gigabit plants by two years, reaching 35 gigawatts by 2018 and 50 gigawatts by packaging.
Wall Street at the time was almost dismissive, thinking it was impossible.
Battery production is critical for Tesla.
Just not enough lithium.
Tesla will achieve its sales target of 500,000 Model 3 by 2018.
Also problematic is that the current market price is too high for $35,000 cars to make a profit.
Tesla took the lead in jumping into the desert, hoping that the huge size of $5 billion will reduce costs and demand will arrive in time to keep everything normal.
Batteries are a limiting factor for electric vehicles, but few automakers make similar commitments to produce batteries, instead choosing to put suppliers such as LG Chem and Samsung at risk.
According to a report from the clean energy manufacturing Analysis Center, 88% of global lithium-ion battery manufacturing occurred in China, Japan and South Korea in 2015.
Make America the center of battery.
The production market is not just cars.
Teslais also builds battery packs for homes and power grids.
On September, the company announced an agreement for a record supply of 20 MW/80 MW
As part of a broader effort to prevent power outages, the Southern California Edison stored energy for hours, replacing fossil energy.
Lithium fuel power generation-ion batteries.
The Powerpack was assembled at Gigafactory, using the imported version of Panasonic, the new 2170 cell format designed by Tesla, and deployed in record time.
Such an energy
Storage items that previously took a year to complete in less than four months.
The cells produced today at the Gigabit plant will be used to fill in more energy.
According to Tesla's data, the battery production of the storage product until Model 3 began in the second quarter.
Tesla also plans to start shipping Powerwall 2 home batteries by the end of January, and some estimate that the price is 30% cheaper than the closest competitor.
Ben Kallo, an analyst at Baird, said: "We believe Tesla's battery sales are accelerating . " He recently listed Tesla as the best stock selection in 2017.
"Tesla's production of energy and Model 3 may exceed expectations.
"Storage products suitable for Musk's long-term operation --
Transforming Tesla from an electric vehicle company to a long-term vision for a clean car companyenergy company.
This is also his motivation for a recent deal to acquire SolarCity Corp. The largest bank in the United StatesS.
Solar installation on roof.
Last week, Tesla reached an agreement with Panasonic to expand its relationship with solar cells in Buffalo, New York. Y.
Bringing about 1,400 jobs to the region.
During the presidency
President-elect Donald Trump on Twitter attacked the manufacturer, Tesla, who moved jobs to Mexico or China)
American automakers, battery makers and solar makers.
About the Model 3 components will be made in the United States. S.
25,000 of the company's employees work there.
Musk, who recently visited Trump in New York, was appointed a Strategy Group to advise the new Republican president.
Betting on the battery is a risky business.
According to Bloomberg's forecast for New Energy Finance, global prices fell by 22% in 2016 and will drop another 15% to 20% in 2017.
This is a good thing for electric car manufacturers, but for battery manufacturers it makes it difficult for them to stay ahead.
As prices fall to a minimum, these prices may slow down soon --material costs.
In an increasingly competitive environment, some battery manufacturers are already trying to make a profit.
It is not clear whether Tesla's bet on the battery is correct at the right time.
But after today, we are one step closer to discovering the truth.