Tesla is by far one of the most successful companies in modern history.
They popularized fully electric cars and created a massive demand. Among the public with a market cap of around, three hundred eighty billion dollars. Tesla is growing by the day, but to keep up with orders, Tesla built a futuristic facility called the gigafactory today we're taking a look inside the Tesla. Gigafactory Tesla, currently produces about 350 thousand cars a year far fewer than the public two months, but they have Ambitions to ramp up production. Two more than 20 million ars a year.
This bold strategy will require numerous advances in their current chain of production, including several larger factories which are currently being built all over the world. But the Bedrock of Tesla's production line is their gigafactory in Sparks Nevada.
The company's first fully built Factory will serve as the model for what eventually could be a dozen massive Tesla Factory this La meanwhile, said us orders for the model free had outpaced its available output for the past two years, the gigafactory which is open around the clock currently has As 7,000 employees, the gigafactory cranks out, approximately 2, battery packs. Every minute its production is currently estimated to be five thousand a week with Room to Grow according to Sam Jeff managing director with Ken Energy Research advisors in Boulder. Colorado, says project Roadrunner aimed to reduce costs to $100 per kilowatt hour.
By 2021, Tesla has shown an ability and a drive to reduce both cell costs and battery pack costs. He said they had been planning for this moment with this tremendous cost Advantage for a long time.
I'm time. And in general, they have executed
well on it. That's not to say there isn't
growing pains to the gigafactory Tesla.
Initially, it partnered with Panasonic to
produce its proprietary batteries. Panasonic
claimed they could increase energy density
within testers' batteries, and after years of
alleged fraud relationships between the two
companies. They recently Inked, another
deal that is due to last until 2023.
Panasonic is not Tesla's exclusive battery
supplier anymore. Since they began
Partnerships with LG Chem and see ATL
to supply sales in China.
Working alongside the factory 7,000,
human employees are a team of super
smart robots. Some of the robots navigate
through the factory using digital maps and
employees expand on that saying they're
really on a fixed path. So, it's very
predictable, they go to the same locations
picking up from one location and emptying
off at another location. And what it allows
us to read Lee do is to have things moving
from inventory to line side all day long without a whole lot of human intervention at all. Gigafactory one is aligned on true that the equipment can be mapped by GPS and solar panels on the roof can be accurately aligned.
The factory has also been designed to
become entirely energy efficient. Self-reliant,
Tedlar intends to power the structure
through a combination of on-site solar wind
and geothermal sources. When completed
the building will have the largest footprint in the world and the second largest volume, the Tesla has A scrutiny for wastefulness within the factory. Its master plan includes many energy-saving features.
For example, excess heat from equipment such as compressors at high temperature ovens, will be able to not only run equipment, efficiently but to help keep the factory. Warm in the colder months Tesla's gigafactory also has a water cooling system that repels extremely low temperatures because of the way the air is here in Nevada.
It's dry and really hot during the day, but it's very cool. That night, we do have a 10 million gallon water tank out back and it allows that water too. Cool down. We use it for air conditioning. A lot of the equipment requires chilled water to operate to keep it running, said Lawrence Ito, employee Tesla's Vice President of Operations. Chris Lister also spoke in the video, we really wanted to get to a point where this is going to become a fully net, zero facility leaving, zero carbon footprint. Creating products that also means zero. Nevertheless, you're gonna bother has turned
And a profit for the first time in 2020. Thanks,
in particular, to the substantial increase in
demand for Tesla cars, for Panasonic this
means that their investment of 1.6 billion
dollars in Nevada. Plot is finally yielding
returns roughly 3.5 years after entering
full production. When construction began
in 2015, it appeared that Tesla was risking
everything on the gigafactory. One it will
churn out the batteries necessary for the
Tesla Model 3 which is the car that was
opposed to make or break the company.
And for which Tesla already had hundreds
of thousands of
Orders. Despite first delivery, still being
more than a year away.
At this point production had already started
in the form of Tesla power wall and power
packs, which are meant for stationary,
energy storage for a home or a business.
A Powerball is a bit like an enormous
battery hanging out on your wall whenever
you need it for power outages or even just
smoothing out energy consumption.
One power pack in turn is 16 powerful
batteries in a stack and the energy stored
inside can power a typical American home.
For three days Tesla says at least five
states can paint it to attract gigafactory by
offering tax incentives. The engine runs on
business incentives with no sales tax, but
did not get the factory. State, without sales
tax topping the list of preferred sites,
Nevada estimates a tax base of 1.9 billion
dollars over 20 years after sticky
negotiations, Tesla chose the Tahoe Reno
Industrial Center, or TR IC as the location
of the gigafactory.
Mainly to speed and the state of Nevada, incentive package. Other location reasons were real access, the direct sale ability and low air humidity to ensure less than 300 parts. Per million humidity and production. The TR IC owners gave the first 1,000 acres to Tesla for free and of course, the factory is not without controversy. In August 2018, Kyle Hanson, a former member of the company security team filed. A whistleblower complaint with the Securities and Exchange Commission in the complaint.
He alleges that Tesla suppressed an internal investigation. In into various criminal activities, that occurred at Giga Novo during his tenure for one Hansen alleges of the company, refused to inform the DEA and local law enforcement officials about evidence of cocaine and crystal meth smuggling occurring on Factory grounds in connection with a Mexican drug cartel Hanson. Also claims in it that the company successfully suppressed his internal investigation into the alleged theft of 37 million dollars worth of raw materials. Following the complaint hands and went on to a ledge that testified him as an employee and then as a contractor because he
Not a Tesla team player and then cooperated
with an FBI investigation after discovering
that
Tesla was spying on him and a roommate
immediately following his exposure, the tesla energy producing the company's Flagship residential energy product, the solar roof among others, Tesla received.
Esther is using what it's learned from. It's
Nevada, facility toward its upcoming China
Factory and hoping to use the original gi-
gafactory as an operational model for all
future facilities. So many people have inv-
ested so much of their lives into making this
successful. It really is a competitive Advant-
age but it is also so important in acceleratin-
g the Advent of sustainable transport.
He said to help 88 their European market
Tesla is building another Factory outside of
Berlin. Also known as gigafactory for in a
recent interview must imply that the Berlin
In would not make cars. Like the rest of the
factories, Elon Musk promised.
The locally made model. Why would it be a
bad call to redesign the core technology of
building a car? Musk also spoke in the inte-
rview about why the construction is going so
fast to speed up, environmental changes,
how it is going. So swiftly with prefabrication
techniques and how well located Giga
Berlin will be. However, Tesla is distinct.
Unwelcome too many burgers who spurned
a Google campus. Several years ago,
protests began and many people wanted
the corporation to lead before they drove
up housing.
There is a total of four hundred and six
objections. That has been raised about
gigafactory burgers with the most
controversial ones being related to Tesla's
water use, trees, clearing activities and the
use of piles, and its construction process.
Tesla has responded to some of these
criticisms by reducing its planned water
consumption and using fewer piles on its
build outside. The opposition is also upset
about the fact that Tesla had carried on
with Giga Berlin's construction. Even before
final permits were secured. Finally, the gig
of five is being built just outside of Austin,
Texas.
The Gigafactory Texas is a massive
product with up to five million square feet,
plant and numerous construction jobs
poised to be filled. It remains unclear, if a
general contractor had been hired for the
construction of its cyber truck and semi.