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Tesla Races to Finish 'Gigafactory' in Time for Model 3 Rollout

Tesla Motors is zealously attempting to complete building its $5 billion battery factory years ahead of their original schedule. The push is in an effort to meet the demands for its cheaper sedan (coming soon) and to provide power for new vehicles types which they are developing.

The company has doubled the amount of workers constructing their gigafactory which is based on 3,000 acres near Reno (Nevada, USA). There is an estimated 1,000 workers building 7 days a week (on two shifts) to get the lithium ion cells rolling out by late 2016.

Tesla’s goal is to have the factory fully operational before their launch of the $35,000 Model 3 Sedan next year (this is about half of the base price of Tesla’s Model S). Reservations have already been opened for the Model 3 with a strong demand from customers already accumulating.

Presently, the gigafactory’s structure is less than 1/6th of the size of what the final building is projected to be.

Tesla is anticipating that the plant could produce around 105 gigawatt hours of battery cells by 2020 or enough to power 1.2 million Model S vehicles.

If Tesla’s gigafactory is successful, it could potentially outperform the world’s existing plant productions by a factor of 10.