Tesla Gigafactory Begins Production

Thelasko writes: Right on schedule, Tesla's Gigafactory has begun production of battery cells. The fact that the factory has opened on schedule has surprised many critics of the company. Reuters reports: "Electric car maker Tesla Motors Inc has started mass production of lithium-ion battery cells at its gigafactory in Nevada along with Japan's Panasonic Corp, the company said on Wednesday. The cylindrical '2170 cells,' which will be used to power Tesla's energy storage products and the new Model 3 sedan, have been jointly designed by Tesla and Panasonic, its longstanding battery partner. The gigafactory will initially produce battery cells for the company's Powerwall 2 and Powerpack 2 energy products, Tesla said. The factory is expected to drive down the cost of battery packs by more than 30 percent, the company has said. At peak production, the gigafactory is expected to employ 6,500 workers and create between 20,000 and 30,000 additional jobs in the surrounding regions, Tesla said."