<h2>Tesla East</h2>
<p>By the end of 2019, Tesla might not just be selling its electric vehicles in China — it could also be making them there.</p>
<p>On Monday, CEO Elon Musk <a href="https://www.reuters.com/article/us-tesla-china-electric/tesla-ceo-musk-breaks-ground-at-shanghai-gigafactory-to-launch-china-push-idUSKCN1P1053" target="_blank" rel="noopener">broke ground</a> on a Shanghai Gigafactory expected to cost $2 billion. If construction goes as planned, the massive factory will help Tesla gain a stronger foothold in the largest EV market in the world — and help usher in the future of electric transportation.</p>
<h2>EV Victory</h2>
<p>Shanghai&#8217;s mayor and other local government officials joined Musk at the construction kick-off ceremony at the site of the 500,000 vehicle capacity plant.</p>
<p>According to <a href="https://twitter.com/elonmusk/status/1082143023272730629" target="_blank" rel="noopener">Musk&#8217;s Twitter feed</a>, the Shanghai Gigafactory will produce &#8220;affordable versions&#8221; of the Model 3 and the Model Y for the Chinese market. Tesla will still build the Model S and the Model X, as well as higher-cost version of the Model 3 and Model Y, in the U.S.</p>
<p>Construction should wrap up this summer, according to Musk, with the first EVs coming off the line before the end of the year.</p>
<p>&#8220;We think that with the resources here we can build the Shanghai Gigafactory in record time,&#8221; <a href="https://youtu.be/weQKhvc-OeQ" target="_blank" rel="noopener">the CEO said</a> at the event.</p>
<p><iframe width="500" height="375" src="https://www.youtube.com/embed/weQKhvc-OeQ?feature=oembed" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe></p>
<h2>Need for Speed</h2>
<p>There&#8217;s a reason speed is of the utmost importance in the Gigafactory&#8217;s construction, Shanghai-based analyst for consultancy LMC Automotive Alan Kang <a href="https://www.reuters.com/article/us-tesla-china-electric/tesla-ceo-musk-breaks-ground-at-shanghai-gigafactory-to-launch-china-push-idUSKCN1P1053" target="_blank" rel="noopener">told <em>Reuters</em></a>: the sooner the factory is in operation, the sooner it can help Tesla avoid issues brought about by the ongoing U.S.-China trade war.</p>
<p>&#8220;Tesla’s sales (in China) have dropped over the past few months because of high price caused by the tariffs,&#8221; Kang said, &#8220;And the competition is getting more and more fierce. With the construction of the Shanghai factory, the faster the better (for Tesla).&#8221;</p>
<p>The promise of increased sales in the <a href="https://futurism.com/china-is-creating-a-future-with-worldwide-electric-vehicle-adoption" target="_blank" rel="noopener">world&#8217;s largest, most-supportive EV market</a> sure seems like a great way for Tesla to start the new year off on the right foot — and put that <a href="https://www.theverge.com/2018/12/29/18159542/2018-tech-recap-tesla-elon-musk-model-3-autopilot-gigafactory" target="_blank" rel="noopener">tumultuous 2018</a> behind it.</p>
<p><strong>READ MORE: </strong><a href="https://www.reuters.com/article/us-tesla-china-electric/tesla-ceo-musk-breaks-ground-at-shanghai-gigafactory-to-launch-china-push-idUSKCN1P1053" target="_blank" rel="noopener">Tesla CEO Musk Breaks Ground at Shanghai Gigafactory to Launch China Push</a> [<em>Reuters</em>]</p>
<p><em><strong>More on China&#8217;s EVs: <a href="https://futurism.com/china-is-creating-a-future-with-worldwide-electric-vehicle-adoption" target="_blank" rel="noopener">China Is Creating a Future With Worldwide Electric Vehicle Adoption</a></strong></em></p>


The $2 billion plant could be ready to roll by the end of the summer.

Elon Musk celebrates start of Shanghai Gigafactory construction

Breaking Ground

Tesla has officially kicked off construction on the Shanghai Gigafactory designed to help the company increase sales in the world's largest EV market.

Elon Musk Celebrates Start of Shanghai Gigafactory Construction

The factory could help increase Tesla sales in the world's largest EV market.

<h2>Hair Trigger</h2>
<p>Everybody knows that Elon Musk is an extraordinary force in our historical moment: an eccentric billionaire who&#8217;s almost singlehandedly resurrected the futuristic visions of the electric car and commercial space travel.</p>
<p>But working for Musk sounds terrible, if a <a href="https://www.wired.com/story/elon-musk-tesla-life-inside-gigafactory/">deeply reported new <em>Wired </em>feature</a> is to be believed.</p>
<h2>&#8220;Rage Firings&#8221;</h2>
<p>The story, evocatively titled &#8220;Dr. Elon &amp; Mr. Musk,&#8221; describes an unpredictable leader who prowls the floor of Tesla&#8217;s Gigafactory &#8220;red-faced and urgent, interrogating workers&#8221; — and sometimes firing them on the spot for what sound like dubious reasons.</p>
<p>These sudden terminations grew so common as Tesla worked to meet <a href="https://futurism.com/elon-musk-tesla-life-or-death">manufacturing goals on the Model 3</a>, according to <em>Wired</em>, that one manager coined a term for them: &#8220;Elon’s rage firings.&#8221;</p>
<p>Dozens of current and former Tesla employees corroborated that Tesla has been at times a hellish place to work, often due to its CEO&#8217;s erratic behavior. One told journalist Charles Duhigg that &#8220;everyone in Tesla is in an abusive relationship with Elon.&#8221;</p>
<h2>Your Best You</h2>
<p>Like it or not, though, Musk&#8217;s strategy <a href="https://futurism.com/teslas-tent-model-3-production">gets results</a>.</p>
<p>&#8220;He’s someone who empowers you to be better than you think you can be,&#8221; Tesla&#8217;s longtime attorney Todd Maron, who&#8217;s leaving the company, told <em>Wired</em>. &#8220;He has extraordinarily high standards, and so he pushes you to be your absolute best.&#8221;</p>
<p>Additionally, a Tesla spokesperson told <em>Wired </em>that some aspects of its story were &#8220;overly dramatized,&#8221; &#8220;abbreviated,&#8221; and &#8220;ultimately misleading anecdotes that completely lack essential context.&#8221;</p>
<p>They also said that &#8220;Elon cares very deeply about the people who work at his companies. That is why, although it is painful, he sometimes takes the difficult step of firing people who are underperforming and putting the success of the entire company [at risk].&#8221;</p>
<h2>Smells Fishy</h2>
<p>Taken together, though, the stories about Musk&#8217;s unstable behavior paint a picture of a company that, though it may eventually accomplish extraordinary things, <a href="https://www.theguardian.com/technology/2017/may/18/tesla-workers-factory-conditions-elon-musk">isn&#8217;t treating its workers well</a>. And sometimes, Musk just sounds childish.</p>
<p>After a particularly rough tour of the Gigafactory floor, <em>Wired</em> reported, executives pulled Musk into a conference room to try to calm him down. But Musk couldn&#8217;t concentrate because he insisted something smelled bad. Then he delivered a veering speed that &#8220;deflated some and inspired others,&#8221; according to Duhigg&#8217;s account.</p>
<p>&#8220;That was a pretty typical Wednesday, actually,&#8221; a senior executive told <em>Wired</em>. &#8220;That&#8217;s what it was like until I quit.&#8221;</p>
<p><strong>READ MORE: </strong><a href="https://www.wired.com/story/elon-musk-tesla-life-inside-gigafactory/">Dr. Elon &amp; Mr. Musk: Life Inside Tesla&#8217;s Production Hell</a> [<em>Wired</em>]<strong><br />
</strong></p>
<p><em><strong>More on Elon Musk: </strong><a href="https://futurism.com/teslas-lawsuit-alleged-saboteur-tripp">Tesla Is Suing Alleged Saboteur for $167 Million</a></em></p>


Elon Musk accomplishes extraordinary things, but he sounds like a boss from hell.

Elon Musk wanders Tesla factory, firing workers in wild mood swings

Advanced Transport

A Wired story says Elon Musk wanders the Tesla factory, interrogating workers and sometimes firing them on the spot for what sound like dubious reasons.

Elon Musk Wanders Tesla Factory, Firing Workers in Wild Mood Swings

"Everyone in Tesla is in an abusive relationship with Elon."

<h2>Friendly Competition</h2>
<p>Elon Musk isn&#8217;t one to shy away from competition. Just last week, he said he hoped SpaceX&#8217;s Falcon Heavy launch would lead to a new <a href="https://futurism.com/falcon-heavy-launch-whats-next-spacex/" target="_blank" rel="noopener">space race</a>, and he&#8217;s previously encouraged traditional automakers to <a href="https://futurism.com/elon-musk-jokingly-takes-credit-for-daimlers-10-billion-ev-investment/" target="_blank" rel="noopener">invest big</a> in electric vehicles (EVs), Tesla&#8217;s market niche.</p>
<p>Now, a former employee is ready to challenge Musk&#8217;s current dominance in another space: battery manufacturing.</p>
<p><iframe width="500" height="281" src="https://www.youtube.com/embed/TDNhs843vMc?feature=oembed" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe></p>
<p>In June 2014, Tesla broke ground on its <a href="https://www.tesla.com/gigafactory" target="_blank" rel="noopener">Gigafactory</a> battery plant in Sparks, Nevada. When the massive factory is finished, the company expects it to produce 35 gigawatt-hours (GWh) of capacity every year, nearly doubling the entire world’s current battery production.</p>
<p>Peter Carlsson, CEO of <a href="http://northvolt.com/" target="_blank" rel="noopener">Northvolt</a> and a former chief purchasing officer for Tesla, wants to build his own Gigafactory-like plant in Europe, and Monday, February 12, the European Union’s investment bank <a href="https://www.reuters.com/article/eu-autos-batteries/eib-approves-financing-for-swedens-northvolt-battery-plant-idUSL8N1Q25RE" target="_blank" rel="noopener">approved a €52.5 million ($62.9 million) loan</a> that will fund the construction of a demonstration line in Västerås, Sweden.</p>
<p>If all goes well, Northvolt&#8217;s goal is to complete construction on the factory in 2023, at which point it will be able to produce 32 gigawatt-hours of storage per year, making it the largest lithium-ion battery factory in Europe.</p>
<h2>A Battery-Powered World</h2>
<p>The world will need to transition away from fossil fuels and toward renewable sources of energy to have any hope of combatting <a href="https://futurism.com/coastal-communities-1-5c-climate-goal-matter-life-death/" target="_blank" rel="noopener">the effects of climate change</a>. Meeting battery demand is an essential part of that process, but right now, Europe isn&#8217;t keeping up with Tesla and <a href="https://www.inverse.com/article/32133-chinese-battery-plant-tesla-gigafactory" target="_blank" rel="noopener">Asian manufacturers</a> in terms of battery production.</p>
<p><iframe width="500" height="281" src="https://www.youtube.com/embed/u32DCM5gI28?feature=oembed" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe></p>
<p>Northvolt&#8217;s factory could provide the continent with a local source of batteries while also driving down global costs. Currently, batteries account for <a href="https://www.bloomberg.com/news/articles/2017-11-28/electric-cars-need-cheaper-batteries-before-taking-over-the-road" target="_blank" rel="noopener">30 to 50 percent</a> of the price of an EV, but if more competitors enter the space, that figure could drop dramatically, helping speed up EV adoption. Cheaper batteries could also encourage more people to switch to <a href="https://futurism.com/in-the-future-your-home-may-be-powered-by-a-tesla-battery/" target="_blank" rel="noopener">renewables to power their homes</a>.</p>
<p>Carlsson will need to move quick if he want to establish a foothold in Europe, though. Musk already has plans to build as many as <a href="https://futurism.com/new-aerial-photos-appear-to-show-just-how-massive-teslas-gigafactory-is/" target="_blank" rel="noopener">five more Gigafactories</a>, including at least one in Europe, and there&#8217;s a reason Tesla&#8217;s CEO isn&#8217;t afraid of a little competition: <a href="https://www.inc.com/kevin-j-ryan/tesla-2017-company-of-the-year-nominee.html" target="_blank" rel="noopener">he wins more often than not</a>.</p>


Northvolt's factory could provide the continent with a local source of batteries while also driving down global costs.

Elon Musk's former employee is building a European rival to Tesla's gigafactory

Earth & Energy

A former Tesla employee wants to build his own mega battery in Europe, and the EU investment bank is supporting the project.

Elon Musk's Former Employee Is Building a European Rival to Tesla's Gigafactory

Northvolt now has $62.9 million to start construction.

Elon Musk’s Former Employee Is Building a European Rival to Tesla’s Gigafactory

<p>Tesla wants to bring its electric vehicles to India, and they plan to make the Model 3 their first EV in the country by 2019. CEO and founder Elon Musk <a href="https://futurism.com/elon-musk-in-talks-to-bring-electric-cars-to-india/" target="_blank">mentioned it back in June of this year</a>, and now he&#8217;s said it again. Replying to a question on Twitter, Musk explained that Tesla continues to be in &#8220;discussions&#8221; with the national government of India, the second-most populous nation on Earth.</p>
<p>The only difference between his June announcement and now is the focus of discussion — that is, what it is keeping Tesla from bringing their EVs sooner. Back in June, Musk said that they were asking for a &#8220;temporary relief on import penalties/restrictions&#8221; until a factory, presumably a <a href="https://en.wikipedia.org/wiki/Gigafactory_1" target="_blank">gigafactory</a>, is built in India.</p>
<blockquote class="twitter-tweet" data-width="500">
<p lang="en" dir="ltr">In discussions with national govt. Just need a temporary reprieve on local content requirements until we can build a factory in India.</p>
<p>&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/908849937848221696">September 16, 2017</a></p></blockquote>
<p><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Now, Musk says the delay is due to difficulties with so-called local content requirements. It&#8217;s a policy that requires goods to have a certain percentage of the production process sourced from local manufacturers. Musk is asking for a temporary reprieve from this condition until a gigafactory can be built in India.</p>
<p>With these hurdles overcome, and the Model 3 production goals met, India could be a great market for EVs. In fact, the country already has legislation to sell only electric cars by 2030. For Tesla, getting into the Indian market before that obtains is crucial, especially with the country on its way to becoming the <a href="https://www.ibef.org/industry/india-automobiles.aspx" target="_blank">world&#8217;s third-largest car market by 2020</a>.</p>


Once in the market, it could be great for Tesla: India already has legislation to sell only electric cars by 2030.

Tesla must overcome local production laws before bringing EVs to India

Telsa want to bring its EVs to India, but it will have to overcome strict local-production-only laws in the ancient nation before it can obtain this goal.

Tesla Must Overcome Local Production Laws Before Bringing EVs to India

CEO Elon Musk says Tesla continues to be in "discussions" with the national government.

<p>It looks like there is a lot of action going on at <a href="http://markets.businessinsider.com/stock/TSLA-Quote">Tesla</a>&#8216;s giant Gigafactory.</p>
<p>The factory, which is located in Sparks, Nevada, is where Tesla is producing the battery cells for its electric cars and drivetrains for its Model 3, the company&#8217;s first mass-market electric car.</p>
<p>Tesla aims to ramp up production of its Model 3 to some 20,000 units per month by December and some 10,000 units per week in 2018, CEO Elon Musk has said.</p>
<p>But in order for the company to meet these lofty goals, it must also ramp up battery cell production.</p>
<p>That&#8217;s where the Gigafactory comes in.</p>
<p>New <a href="https://www.youtube.com/watch?v=NPsH4AY_NKU" target="_blank" rel="noopener noreferrer">drone footage</a> posted by YouTube user California Phantom last Thursday captures the factory&#8217;s massive size, but it also appears to show a lot of work happening at the factory. Scroll down for a closer look:</p>
<h2 class="slide-title">Tesla&#8217;s Gigafactory is located on a 3,000-acre lot of land in Sparks, Nevada.</h2>
<figure id="attachment_97191" style="width: 1200px" class="wp-caption aligncenter"><img class="size-full wp-image-97191" src="https://wp-assets.futurism.com/2017/08/teslas-gigafactory-is-located-on-a-3000-acre-lot-of-land-in-sparks-nevada.png" alt="" width="1200" height="600" /><figcaption class="wp-caption-text">Image Source: California Phantom/YouTube</figcaption></figure>
<h2 class="slide-title">And as you can see, the company needs that land not only for its giant factory, but also for parking so that it can accommodate its growing number of employees.</h2>
<figure id="attachment_97192" style="width: 1200px" class="wp-caption aligncenter"><img class="size-full wp-image-97192" src="https://wp-assets.futurism.com/2017/08/and-as-you-can-see-the-company-needs-that-land-not-only-for-its-giant-factory-but-also-for-parking-so-that-it-can-accommodate-its-growing-number-of-employees.png" alt="" width="1200" height="600" /><figcaption class="wp-caption-text">Image Source: California Phantom/YouTube</figcaption></figure>
<h2 class="slide-title">Construction at the factory has come a long way in just a few months. This shot of the factory&#8217;s roof was taken in December.</h2>
<figure id="attachment_97193" style="width: 853px" class="wp-caption aligncenter"><img class="size-full wp-image-97193" src="https://wp-assets.futurism.com/2017/08/construction-at-the-factory-has-come-a-long-way-in-just-a-few-months-this-shot-of-the-factorys-roof-was-taken-in-december.png" alt="" width="853" height="482" /><figcaption class="wp-caption-text">Image Source: YouTube/Matthew Roberts</figcaption></figure>
<p>It doesn&#8217;t look like there&#8217;s been much more expansion of the main building externally since December, but the footage does appear to show a much busier atmosphere, suggesting there&#8217;s some expansion going on inside.</p>
<h2 class="slide-title">The Gigafactory will be more than five million square feet (including several floors) once it&#8217;s completed, and it will be capable of producing more battery cells than any other lithium ion battery factory in the world, Musk has said.</h2>
<figure id="attachment_97195" style="width: 1000px" class="wp-caption aligncenter"><img class="size-full wp-image-97195" src="https://wp-assets.futurism.com/2017/08/the-gigafactorywill-be-more-than-five-million-square-feet.png" alt="" width="1000" height="500" /><figcaption class="wp-caption-text">Image Source: California Phantom/YouTube</figcaption></figure>
<h2 class="slide-title">Check out more footage of the factory in the video below:</h2>
<p><iframe width="500" height="281" src="https://www.youtube.com/embed/NPsH4AY_NKU?feature=oembed" frameborder="0" allowfullscreen></iframe></p>
<p>&nbsp;</p>


Here’s the latest on Tesla’s Nevada factory.

Footage does appear to show a much busier atmosphere, suggesting there's some expansion going on inside. 

New Drone Footage Shows Just How Huge Tesla’s Gigafactory Really Is

There is a lot of action going on at Tesla’s giant Gigafactory.

<p>Elon Musk&#8217;s Gigafactories are not even complete and they are already making huge waves in the field of energy storage. Sources talking to <a href="//electrek.co/2017/08/08/tesla-gigafactory-battery-cell-production-elon-musk/">Fred Lambert</a> of <i>Electrek </i>commented that Elon Musk recently stated that Gigafactory 1 in Nevada is &#8220;&#8230;already producing more batteries than any other factory in the world.&#8221; The 455,22 square meter (4.9 million square foot) facility began producing <a href="https://futurism.com/tesla-has-reduced-electricity-costs-for-homeowners-by-92/">Powerwall and Powerpack</a> battery cells back in January and then began production on Model 3 battery cells in June. The facility is said to be only at about 30 percent capacity.</p>
<figure style="width: 786px" class="wp-caption aligncenter"><img class="wp-image-94689 size-large aligncenter hoverZoomLink" src="https://wp-assets.futurism.com/2017/08/section-powerwall-solution-march-1200x577.png" alt="Image credit: Tesla" width="786" height="377" /><figcaption class="wp-caption-text">Image credit: Tesla</figcaption></figure>
<p>The goal for the finished Gigafactory is to be able to produce 35 GWh&#8217;s worth of storage capacity within 2018.</p>
<p><a href="//www.cnbc.com/2017/08/07/elon-musks-tesla-could-soon-be-overtaken-in-batteries-arms-race.html">Giles Keating</a>, the chairman of Werthstein Institute, an investment consultancy, told <i>CNBC</i>, &#8220;There&#8217;s a kind of arms race on batteries around the world. We know that Elon Musk with Tesla has got this Gigafactory. The Chinese are racing to overtake him; they&#8217;ll have three times the capacity. And then in Germany, we&#8217;ve just heard announcement of a new plan for a $1 billion factory on batteries.&#8221;</p>
<p>It is clear that the competition is stiff in the battery business and, while this may not be welcome news to Mr. Musk, the rest of us, and the Earth will benefit immensely from the increased capacity to store clean energy. This competition will drive companies to create safer, higher capacity, and more efficient batteries that will continue to help us wean ourselves off of fossil fuels.</p>


Sources claim that in a recent meeting with investors, Elon Musk claimed that Gigafactory 1 in Nevada is already producing more batteries than any other factory in the world.

Elon Musk Claims Tesla is Producing More Batteries Than Anyone Else in the World

Some experts think that countries like China are hot on Musk's tail.

<p>Elon Musk&#8217;s plans for the coming decade are nothing short of ambitious.</p>
<p>Among other things, <a href="http://markets.businessinsider.com/stock/TSLA-Quote">Tesla</a>&#8216;s CEO has promised to dramatically increase car production, launch several completely new cars, and conquer self-driving vehicles by 2020.</p>
<p>Here&#8217;s a closer look at what exactly Musk has promised Tesla will accomplish during the next few years.</p>
<h2 class="slide-title">Complete its giant Gigafactory.</h2>
<p>Musk&#8217;s giant battery factory in Nevada is key to Tesla&#8217;s future because it is expected to help the company cut the cost of its batteries <a href="http://www.businessinsider.com/tesla-gigafactory-facts-2016-9">by as much as 30%</a>.</p>
<figure style="width: 600px" class="wp-caption aligncenter"><img class="slide-image-large on-image" src="http://static4.businessinsider.com/image/5616ed6add0895762b8b4677-1200/complete-its-giant-gigafactory.jpg" alt="Complete its giant Gigafactory." width="600" height="450" border="0" data-src="http://static4.businessinsider.com/image/5616ed6add0895762b8b4677-1200/complete-its-giant-gigafactory.jpg" /><figcaption class="wp-caption-text">Image Credit: <a href="http://www.teslamotors.com/gigafactory">Tesla Motors</a></figcaption></figure>
<p>The <a href="http://www.techinsider.io/facts-about-the-tesla-gigafactory-2015-11" target="_blank" rel="noopener noreferrer">Gigafactory</a>, about 5.5 million square feet, would help the company dramatically cut the cost of its batteries once it&#8217;s fully operational in 2018 by &#8220;using economies of scale, innovative manufacturing, reduction of waste, and the simple optimization of locating most manufacturing process under one roof.&#8221;</p>
<p>In fact, Tesla has said it will <a href="https://www.teslamotors.com/gigafactory" target="_blank" rel="noopener noreferrer">create more battery cells</a> at the Gigafactory than all of the lithium-ion battery makers combined did in 2013.</p>
<h2 class="slide-title">Bring the Model 3 into production.</h2>
<p>The batteries created at the Gigafactory would enable Tesla to produce its first mass-market car, the Model 3.</p>
<figure style="width: 600px" class="wp-caption aligncenter"><img src="https://wp-assets.futurism.com/2017/08/2017-Tesla-Model-3-top-view-1200x796.jpg" alt="" width="600" height="398" /><figcaption class="wp-caption-text">Image Credit: Tesla</figcaption></figure>
<p>It will be about $35,000 and have a range of more than 200 miles per charge.</p>
<p>Tesla started production of the Model 3 earlier this month and planned to begin deliveries at a company event on Friday, July 28.</p>
<h2 class="slide-title">Launch a compact SUV, dubbed the Model Y, by the end of 2019 or early 2020.</h2>
<p>In July 2016, Musk confirmed Tesla planned to bring to market a new compact SUV, dubbed the Model Y.</p>
<figure style="width: 601px" class="wp-caption aligncenter"><img class="slide-image-large on-image" src="http://static2.businessinsider.com/image/595152d0d084cca0008b5900-1200/launch-a-compact-suv-dubbed-the-model-y-by-the-end-of-2019-or-early-2020.jpg" alt="" width="601" height="300" border="0" data-src="http://static2.businessinsider.com/image/595152d0d084cca0008b5900-1200/launch-a-compact-suv-dubbed-the-model-y-by-the-end-of-2019-or-early-2020.jpg" /><figcaption class="wp-caption-text">Image Credit: <a href="https://www.tesla.com/shareholdermeeting">Tesla</a></figcaption></figure>
<p>But a timeline for the vehicle wasn&#8217;t disclosed until May, when Musk said during the company&#8217;s first-quarter earnings call that <a href="http://www.businessinsider.com/elon-musk-says-model-y-coming-in-2019-or-2020-2017-5" target="_blank" rel="noopener noreferrer">it would arrive</a> by late 2019 or 2020. He also said the vehicle would be built on a platform separate from the Model 3.</p>
<h2 class="slide-title">Reveal an electric semitruck in September&#8230;</h2>
<p>Musk announced in August that the company was working on a Tesla semitruck, in his &#8220;<a href="http://www.businessinsider.com/elon-musk-tesla-master-plan-part-deux-explained-2016-7">Master Plan, Part Deux</a>.&#8221;</p>
<p>In June, though, Musk said Tesla was working with <a href="http://www.businessinsider.com/tesla-semi-truck-companies-helping-design-2017-6" target="_blank" rel="noopener noreferrer">major trucking companies to design</a> the company&#8217;s first all-electric semitruck.</p>
<figure style="width: 601px" class="wp-caption aligncenter"><img class="slide-image-large on-image" src="http://static6.businessinsider.com/image/595152efd084cc6a298b4bcd-1200/reveal-an-electric-semitruck-in-september-.jpg" alt="" width="601" height="281" border="0" data-src="http://static6.businessinsider.com/image/595152efd084cc6a298b4bcd-1200/reveal-an-electric-semitruck-in-september-.jpg" /><figcaption class="wp-caption-text">Image Credit: <a href="https://www.tesla.com/shareholdermeeting">Tesla</a></figcaption></figure>
<p>&#8220;We are showing off a working prototype at the end of September, but we have shown it to people who buy heavy-duty trucking, and they all love it,&#8221; Musk said during Tesla&#8217;s annual shareholder meeting. &#8220;They just want to know how many can they buy and how soon.&#8221;</p>
<p>While we will most likely get a look at the electric semi in a few months, it&#8217;s still not clear when the truck would be available.</p>
<h2 class="slide-title">&#8230;and an electric pickup truck before the close of 2019.</h2>
<p>Musk also said in his &#8220;<a href="http://www.businessinsider.com/elon-musk-tesla-master-plan-part-deux-explained-2016-7" target="_blank" rel="noopener noreferrer">Master Plan, Part Deux</a>&#8221; that Tesla would build an <a href="http://www.businessinsider.com/elon-musk-tesla-will-make-electric-bus-semi-pickup-truck-2016-7" target="_blank" rel="noopener noreferrer">electric pickup truck for consumers</a>.</p>
<p>Musk said in April that Tesla would reveal its semitruck in September and its consumer pickup truck in 18 months to two years, meaning sometime between October 2018 and April 2019.</p>
<h2 class="slide-title">Increase the range of Tesla cars to 1,000 kilometers per charge.</h2>
<p>Tesla&#8217;s cars already boast the best range on the market, but Musk has said he <a href="http://www.techinsider.io/elon-musk-says-tesla-car-range-will-increase-2015-9" target="_blank" rel="noopener noreferrer">aims to dramatically increase</a> how far Tesla&#8217;s cars travel on a single charge.</p>
<p>&#8220;The record right now for the Model S is 800 kilometers (497 miles). That is the furthest that anyone has driven a Model S,&#8221; Musk told the <a href="http://borsen.dk/nyheder/virksomheder/artikel/1/311580/tesla-chef_overvejer_ny_facilitet_i_danmark.html" target="_blank" rel="noopener noreferrer">Danish news site Borsen</a> in September 2015. &#8220;My guess is probably we could break 1,000 kilometers (621 miles) within a year or two. I&#8217;d say 2017 for sure.&#8221;</p>
<figure style="width: 601px" class="wp-caption aligncenter"><img class="slide-image-large on-image" src="http://static6.businessinsider.com/image/577ea011dd089512128b4b41-1200/increase-the-range-of-tesla-cars-to-1000-kilometers-per-charge.jpg" alt="" width="601" height="451" border="0" data-src="http://static6.businessinsider.com/image/577ea011dd089512128b4b41-1200/increase-the-range-of-tesla-cars-to-1000-kilometers-per-charge.jpg" /><figcaption class="wp-caption-text">Image Credit: <a href="https://www.facebook.com/teslamotors/photos/pb.18790602800.-2207520000.1440863321./10153166141807801/?type=1&amp;theater">Facebook/Tesla</a></figcaption></figure>
<p>Musk added that by 2020 Tesla could most likely make its cars go as far as <a href="http://www.techinsider.io/elon-musk-says-tesla-car-range-will-increase-2015-9" target="_blank" rel="noopener noreferrer">745 miles per charge</a>.</p>
<p>While the record for hypermiling in a <a href="http://www.businessinsider.com/tesla-model-s-sets-new-hypermiling-record-560-miles-2017-6" target="_blank" rel="noopener noreferrer">Tesla is about 560 miles</a>, the official range for Tesla&#8217;s Model S P100D is about 315 miles per charge, according to ratings by the Environmental Protection Agency.</p>
<h2 class="slide-title">Make its cars fully autonomous.</h2>
<p>Another bold promise Musk has made for Tesla is that its <a href="http://www.techinsider.io/elon-musk-on-teslas-autonomous-cars-2015-9" target="_blank" rel="noopener noreferrer">cars will be autonomous before 2020</a>.</p>
<p>Tesla began rolling out its new Enhanced Autopilot hardware in October. Musk said at the time that the hardware would enable full autonomy once the software was ready.</p>
<p><figure style="width: 600px" class="wp-caption aligncenter"><img src="https://wp-assets.futurism.com/2017/08/154227644-1200x816.jpg" alt="[Kelsey Pending] Here’s everything Tesla wants to accomplish by 2020" width="600" height="408" /><figcaption class="wp-caption-text">Image Credit: <a href="https://www.tesla.com/videos/enhance-your-commute-autopilot">Tesla</a></figcaption></figure>However, Musk has said it&#8217;s unlikely regulators will have laws in place by the time Tesla&#8217;s autonomous cars are ready, so drivers may have to wait a little longer before getting to go hands-free.</p>
<p>While the company plans to do a demo drive in a Tesla in self-driving mode from Los Angeles to New York City by the end of this year, Musk said during a TED Talk in April that it would most likely be 2019 before a driver could take a nap behind the wheel of a Tesla.</p>
<h2 class="slide-title">Produce 500,000 cars per year by 2018.</h2>
<p>Tesla made a little more than 50,000 vehicles in 2015, but <a href="http://www.businessinsider.com/tesla-will-build-500000-cars-per-year-by-2018-2016-5" target="_blank" rel="noopener noreferrer">Musk said in May 2016</a> that his company planned to produce no fewer than <a href="http://www.businessinsider.com/tesla-will-build-500000-cars-per-year-by-2018-2016-5" target="_blank" rel="noopener noreferrer">500,000 by 2018</a>.</p>
<p>To help put this in perspective, Tesla delivered a little more than 76,000 vehicles in 2016.</p>
<p>Tesla has acknowledged this is an aggressive target, but it&#8217;s not shying away from the challenge.</p>
<p>&#8220;Increasing production fivefold over the next two years will be challenging and will likely require some additional capital, but this is our goal, and we will be working hard to achieve it,&#8221; the company <a href="http://www.businessinsider.com/tesla-will-build-500000-cars-per-year-by-2018-2016-5" target="_blank" rel="noopener noreferrer">said in its 2016 letter to investors</a>.</p>
<h2 class="slide-title">Produce 1 million cars by 2020.</h2>
<p>As if producing half a million cars by 2018 were not enough, Musk wants to kick it up a notch and make <a href="http://www.techinsider.io/tesla-will-build-500000-cars-per-year-by-2018-2016-5" target="_blank" rel="noopener noreferrer">1 million cars a year by 2020</a>.</p>
<figure style="width: 600px" class="wp-caption aligncenter"><img class="slide-image-large on-image" src="http://static5.businessinsider.com/image/577ea011dd089512128b4b42-1200/produce-1-million-cars-by-2020.jpg" alt="Produce 1 million cars by 2020." width="600" height="450" border="0" data-src="http://static5.businessinsider.com/image/577ea011dd089512128b4b42-1200/produce-1-million-cars-by-2020.jpg" /><figcaption class="wp-caption-text">Image Credit: <a href="https://www.youtube.com/watch?v=1o0aDdyIsm4">YouTube/Tesla Motors</a></figcaption></figure>
<p>Why? Demand for the Model 3 was greater than expected, forcing Tesla to reassess its goals. The company had about 325,000 reservations for the Model 3 during the first week of taking deposits.</p>
<p>While it&#8217;s no doubt an ambitious plan, Musk has said he is confident Tesla can achieve such aggressive growth.</p>
<h2 class="slide-title">Double the number of Superchargers by 2018.</h2>
<p>With more Tesla vehicles on the road, Musk is also aiming to build out Tesla&#8217;s charging infrastructure.</p>
<p>During the Model 3 unveiling in March 2016, Musk said the company planned to expand its Supercharging network. Superchargers are stations that can charge a Tesla enough almost 200 miles of range in just 30 minutes.</p>
<p><figure style="width: 601px" class="wp-caption aligncenter"><img src="https://wp-assets.futurism.com/2017/08/supercharger-expansion-01-1200x601.jpg" alt="[Kelsey Pending] Here’s everything Tesla wants to accomplish by 2020" width="601" height="301" /><figcaption class="wp-caption-text">Image Credit: <a href="https://www.tesla.com/blog/charging-our-priority">Tesla</a></figcaption></figure>Musk said during the Model 3 event that Tesla would double the number of its Superchargers worldwide, from 3,600 to more than 7,000, by 2018.</p>
<p>However, in April, Tesla said that by the end of this year it <a href="http://www.businessinsider.com/tesla-to-double-number-of-superchargers-2017-4" target="_blank" rel="noopener noreferrer">aimed to have 10,000 Superchargers</a> worldwide, meaning the company is most likely ahead of schedule.</p>
<p>As of July, Tesla had increased the number of Superchargers to just over 6,000.</p>
<h2 class="slide-title">Turn Tesla into an energy company.</h2>
<p>Musk doesn&#8217;t just want Tesla to make electric cars — he also wants the company to produce the energy that powers the cars.</p>
<p>In November, Tesla acquired <a href="http://www.techinsider.io/elon-musk-why-tesla-wants-to-buy-solarcity-2016-6" target="_blank" rel="noopener noreferrer">SolarCity</a>, a solar-power company founded by Musk&#8217;s cousin, Lyndon Rive.</p>
<p>Musk has made clear that his long-term vision for Tesla is a full-service sustainable-energy company.</p>
<p>&#8220;The opportunity here is to have a highly innovative sustainable-energy company that answers the whole energy question from power generation and storage to transport,&#8221; Musk told reporters during a call shortly after the announcement in June 2016.</p>
<p><figure style="width: 600px" class="wp-caption aligncenter"><img class="" src="https://wp-assets.futurism.com/2017/08/tesla_solar_roof-1200x644.jpg" alt="[Kelsey Pending] Here’s everything Tesla wants to accomplish by 2020" width="600" height="322" /><figcaption class="wp-caption-text">Image Credit: <a href="https://www.tesla.com/blog/tesla-and-solarcity">Tesla</a></figcaption></figure>&#8220;We are a sustainable-energy company,&#8221; he added. &#8220;This is, broadly speaking, right in line with that. In order to solve the sustainable-energy problem you need generation, storage, and electric cars.&#8221;</p>
<p>In October, right before shareholders voted on the SolarCity acquisition, Musk revealed the Tesla Solar Roof. It&#8217;s composed of solar shingles and is Tesla&#8217;s energy-generation solution.</p>
<p>The company <a href="http://www.businessinsider.com/how-much-tesla-solar-roof-costs-2017-5" target="_blank" rel="noopener noreferrer">began taking orders</a> in May for its Solar Roof, which costs about $21.85 per square foot.</p>
<h2 class="slide-title">The company is expected to disclose details about its Tesla Network, a mobility service, sometime this year.</h2>
<p>In July 2016, Musk said in his &#8220;<a href="http://www.businessinsider.com/elon-musk-tesla-master-plan-part-deux-explained-2016-7" target="_blank" rel="noopener noreferrer">Master Plan, Part Deux</a>&#8221; that Tesla planned to roll out a mobility service.</p>
<p>At the time, Musk said that once Tesla vehicles were fully autonomous, the company would set up a program for owners to make money off their car by letting other people use it.</p>
<figure style="width: 640px" class="wp-caption aligncenter"><img src="https://wp-assets.futurism.com/2017/08/35995624412_b5dfc5d08d_z.jpg" alt="" width="640" height="427" /><figcaption class="wp-caption-text">Image Credit: Ramin Talaie/Corbis via Getty Images</figcaption></figure>
<p>&#8220;You will also be able to add your car to the Tesla shared fleet just by tapping a button on the Tesla phone app and have it generate income for you while you&#8217;re at work or on vacation, significantly offsetting and, at times, potentially exceeding the monthly loan or lease cost,&#8221; he said.</p>
<p>In October, the company said Tesla owners who wanted to make money from ride-hailing or ride-sharing could do so only on its ride-hailing network and that it would disclose more details about it this year.</p>


Tesla has a lot planned for the next three years. Here's everything you need to know, from the Gigafactory to Tesla Network.

Here’s Everything Tesla Wants to Accomplish by 2020

Highlights include the Gigafactory, an electric semitruck, and increasing the range of its cars.

<h2>Gigafactory Update</h2>
<p>Tesla has a bunch of lofty goals for the next few years — and all of them rely on its massive battery plant known as the Gigafactory.</p>
<figure style="width: 850px" class="wp-caption aligncenter"><img src="https://wp-assets.futurism.com/2017/07/screen-shot-2016-12-22-at-85949-am.png" alt="New Aerial Photos Appear to Show Just How Massive Tesla’s Gigafactory Is" width="850" height="477" /><figcaption class="wp-caption-text">Tesla&#8217;s Gigafactory in Reno, Nevada will play a key role in Tesla&#8217;s lofty vehicle production plans. Image Source: YouTube/Matthew Roberts</figcaption></figure>
<p><a href="http://markets.businessinsider.com/stock/tsla-quote" target="_blank" rel="noopener noreferrer">Tesla</a> CEO Elon Musk has always been forthcoming about the size of the Gigafactory. He <a href="http://www.businessinsider.com/tesla-gigafactory-facts-2016-9/#its-so-big-in-fact-that-it-will-be-the-worlds-largest-building-by-footprint-3" target="_blank" rel="noopener noreferrer">has said</a> it will be the world&#8217;s largest building by footprint — big enough to fit 100 Boeing 747 jets. But from the ground, it can be difficult to appreciate the sheer size of the facility, which stretches 5.5 million square feet.</p>
<p>Instagram user Eva Kaplan, however, was apparently able to capture the magnitude of the Gigafactory while on a flight traveling to Reno, Nevada.</p>
<figure style="width: 438px" class="wp-caption aligncenter"><img src="https://wp-assets.futurism.com/2017/07/Screen-Shot-2017-07-12-at-8.55.46-PM.png" alt="New Aerial Photos Appear to Show Just How Massive Tesla’s Gigafactory Is" width="438" height="506" /><figcaption class="wp-caption-text">Image Source: Eva Kaplann/ Instagram</figcaption></figure>
<figure style="width: 436px" class="wp-caption aligncenter"><img src="https://wp-assets.futurism.com/2017/07/Screen-Shot-2017-07-12-at-8.56.02-PM.png" alt="New Aerial Photos Appear to Show Just How Massive Tesla’s Gigafactory Is" width="436" height="504" /><figcaption class="wp-caption-text">Image Source: Eva Kaplann/ Instagram</figcaption></figure>
<p>From the photos, it&#8217;s easy to see why Musk has called the building an &#8220;<a href="http://www.businessinsider.com/elon-musk-tesla-factory-alien-dreadnought-2016-10" target="_blank" rel="noopener noreferrer">alien dreadnought</a>.&#8221;</p>
<p>Tesla did not immediately confirm the veracity of the images to Business Insider, but the building in Kaplann&#8217;s photos appears to be identical to prior images we&#8217;ve seen of the plant.</p>
<h2>A Key Role</h2>
<p>The Gigafactory will play a key role in helping Tesla meet its lofty goal of producing 500,000 vehicles annually in 2018, a five-fold production increase. The electric car maker is producing its lithium-ion batteries at the plant as part of a partnership with Panasonic.</p>
<p>The $6 billion plant doesn&#8217;t only supply the batteries for the Model S, Model X, and newly released Model 3 vehicles. It also supports Tesla&#8217;s growing energy division, which develops the company&#8217;s at-home battery, the <a href="http://www.businessinsider.com/how-teslas-powerwall-2-works-solar-roof-2017-5" target="_blank" rel="noopener noreferrer">Powerwall</a>, and commercial battery, the <a href="http://www.businessinsider.com/tesla-powerpack-2-commercial-battery-facts-features-2016-11" target="_blank" rel="noopener noreferrer">Powerpack</a>.</p>
<p>Tesla will aim to sell more Powerwall batteries now that it has entered the solar business with the launch of its <a href="http://www.businessinsider.com/tesla-solar-roof-orders-open-features-photos-2017-5" target="_blank" rel="noopener noreferrer">solar roof product</a>. The company acquired solar panel installer SolarCity in a deal worth $2.1 billion in November.</p>
<p>But Tesla is also making strides with its Powerpack projects — Tesla announced last Friday that it will build the <a href="http://www.businessinsider.com/tesla-to-build-worlds-largest-lithium-ion-battery-in-australia-2017-7" target="_blank" rel="noopener noreferrer">world&#8217;s largest battery in Australia</a>. The Powerpack system will store energy from a wind farm in South Australia to power up to 50,000 homes.</p>
<p>The Gigafactory is already producing batteries, but it won&#8217;t be fully operational until 2020. Tesla aims to <a href="http://www.businessinsider.com/tesla-could-build-5-gigafactories-2017-2" target="_blank" rel="noopener noreferrer">build up to five Gigafactories</a> and is interested in building its <a href="http://www.businessinsider.com/tesla-to-build-gigafactory-2-europe-2016-11" target="_blank" rel="noopener noreferrer">second one in Europe</a>.</p>
<p>But Tesla is far from the only company making a big investment in battery production.</p>
<p>Daimler, Mercedes&#8217; parent company, broke ground on its <a href="http://www.businessinsider.com/mercedes-tesla-battery-rival-2017-6" target="_blank" rel="noopener noreferrer">second battery plant in Germany</a> in May, which will begin production in 2018. Chinese companies are also set to bury Tesla when it comes to battery production in 2021, <a href="https://www.bloomberg.com/news/articles/2017-06-28/china-is-about-to-bury-elon-musk-in-batteries" target="_blank" rel="noopener noreferrer">Bloomberg</a> reported.</p>


Instagram user Eva Kaplan, however, was apparently able to capture the magnitude of the Gigafactory while on a flight traveling to Reno, Nevada.

New Aerial Photos Appear to Show Just How Massive Tesla’s Gigafactory Is

It’s actually big enough to fit 100 Boeing 747 jets.

<p>Elon Musk has boldly claimed that within 10 years, Tesla could be as big as Apple, with a market cap of $700 Billion. <a href="http://www.marketwatch.com/story/elon-musk-robot-software-will-make-tesla-worth-as-much-as-apple-2017-05-04">He stated</a>, &#8220;If we’re able to maintain a 50% growth rate for 10 years and achieve 10% profitability number and have a 20 P/E, our market cap would be basically the same as Apple’s is today.” His prediction is based on the technology he is releasing this year, which includes battery and solar panel production lines as well as the more affordable Tesla Model 3.</p>
<p>His plan is not to outsource production to other countries, as Apple does. Rather, he wants Tesla to construct the “machine that builds the machine.” His determination is shown by the 467 weird and wonderful<a href="https://futurism.com/leaked-photos-from-tesla-show-the-alien-robots-that-will-build-model-3s/"> Kuka robots</a> that form the &#8220;alien dreadnought&#8221; which will build the model 3.</p>
<p><img src="https://wp-assets.futurism.com/2017/05/kuka2.jpg" alt="*2* Elon Musk: Robot software will make Tesla worth as much as Apple" /></p>
<p>Despite these bold claims, futuristic robots,  huge production lines, and <a href="https://futurism.com/tesla-is-now-the-most-valuable-u-s-automaker-but-its-more-than-just-a-car-company/">Tesla&#8217;s ascension</a> to America&#8217;s most valuable car manufacturer, Musk still has an awful lot of catching up to do. Apple&#8217;s quarterly profit, announced this past Tuesday, eclipsed Tesla&#8217;s total profit for 2016, and to date, they have sold over a billion iPhones. In contrast, Musk hasn&#8217;t yet sold a million cars. In fact, <a href="https://www.ft.com/content/73089ac4-305c-11e7-9555-23ef563ecf9a">Tesla is struggling</a> to reach its production goal of 1 million by 2020. Especially because of Apple&#8217;s recently acquired<a href="https://futurism.com/forget-nations-heres-proof-that-apple-rules-the-world/"> &#8220;cash pile,&#8221;</a> it seems like Tesla might have a long way to go. Musk may have been right when he followed up his claims by saying, “I could be delusional.&#8221;</p>


Future Society

Elon Musk is ramping up production and plans to be worth as much as Apple in 10 years.

Elon Musk: Robot Software Will Make Tesla Worth as Much as Apple

Will Tesla really surpass Apple?

<p>Tesla&#8217;s Gigafactory in Sparks, Nevada, isn&#8217;t a bad place to work in. For starters, the factory, which <a href="https://futurism.com/elon-musk-announces-second-gigafactory-slated-for-europe/" target="_blank">some people dub &#8220;Gigfactory 1</a>,&#8221; is huge. Plus, you get to <a href="https://futurism.com/massive-scale-production-begins-at-teslas-gigafactory-1/" target="_blank">contribute to making the world a better place</a> by building green batteries and cars. Well, if that sounds like your kind of job, then there might just be an opening for you.</p>
<p>Panasonic is hosting a hiring event on Wednesday, April 5, for people interested in working at the Gigafactory. It&#8217;ll be held at the <a href="https://rpstc-reno.com/">Regional Public Safety Training Center</a>, located at 5190 Spectrum Blvd. in Reno, from 5:30 p.m. to 8 p.m.</p>
<p><iframe width="500" height="281" src="https://www.youtube.com/embed/iZm_NohNm6I?feature=oembed" frameborder="0" allowfullscreen></iframe></p>
<p><a href="http://panasonic.taleo.net/careersection/panasonicenergy/jobsearch.ftl?lang=en&amp;radiusType=K&amp;keyword=PENA&amp;searchExpanded=true&amp;organization=2936740133730&amp;radius=1&amp;organization=2936740133730&amp;portal=2140451937" target="_blank">According to Panasonic</a>, Tesla is looking to hire around 2,000 people to build batteries for <a href="https://futurism.com/5-elon-musk-reveals-model-3-video-on-twitter/?src=featured" target="_blank">its $35,000 Model 3 vehicle</a>. Open positions include material handler, production operator, maintenance technician, and shift lead.</p>
<p><a href="https://www.tesla.com/">Tesla</a> has slated the Model 3 to be in production by the middle of this year, and parts of it — including the batteries — will be manufactured in the Gigafactory. Apart from bringing in that many jobs, the Model 3 production will also pour an <a href="https://electrek.co/2017/01/18/tesla-model-3-drive-unit-production-gigafactory/">investment of about $350 million</a> into the state of Nevada.</p>


Tesla Car Factory Fremont, California

Panasonic is holding a hiring event in Reno on Wednesday for jobs manufacturing the batteries for Tesla's Model 3 vehicle, which will soon begin production.

/Gigafactory

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