Tesla’s “Gigafactory” Could Change the Future

February 27th, 2014

Tesla Gigafactory

Today we will discuss an important theme: the future.

In the film Back to the Future 2, Marty McFly travels from 1985 to 2015 and encounters a future he didn’t expect, only to return to a present he never knew.

That’s on my mind today, because I’m watching the antics of crazy old scientist Doc Brown with my family while reading about a young brilliant entrepreneur and his plans for the future. Doc Brown needed 1.21 gigawatts to power his DeLorean, while this modern-day man plans a “Gigafactory” that could change the auto industry as we know it.

What is a Gigafactory? Read on, with no worry that you’ll learn too much about the future and cause a chain reaction that could unravel the very fabric of the space-time continuum and destroy the entire universe! This time, the future seems set.

Elon Musk, founder of Tesla Motors, has done the unthinkable in the auto industry. He singlehandedly created a new auto manufacturer that builds one of the most technologically advanced, and beautiful, cars on the market today.

Tesla hopes to sell 35,000 cars in 2014. As great an accomplishment as that is, it’s still far short of being considered a major American automaker. The Gigafactory could change that.

CNN Money says:

The massive factory is expected to produce more lithium ion batteries annually by 2020 than were produced worldwide in 2013. Those batteries, and the reduction in their cost, are vital to Tesla’s ability to produce a cheaper car in numbers that could catapult the company into the ranks of the major automakers.

The factory could take up between 500 and 1,000 acres, employ 6,500 people and produce up to 500,000 vehicles per year. The company is considering locations in Arizona, New Mexico, Nevada and Texas.

The Gigafactory could put Tesla in a position to build hundreds of thousands of cars, and the batteries to power them, but have an adverse effect on utility companies. Check out this article at Forbes for more on that topic and how Tesla’s batteries could not only power cars, but our homes, too.

All signs point to Tesla’s domination in the electric car market and, maybe, the electricity storage market. Sure, you could travel into the future to see how this all pans out, but it doesn’t take a time machine to see that you probably shouldn’t bet against Tesla to help create a better future for everyone.

Do you look forward to cheaper Teslas?

-tgriffith

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