june today: Five years ago, the Gigafactory was merely an expanse of rocks and dirt, CEO Elon Musk bragged to shareholders on June 11, according to Market Watch. Today it is a sprawling three-story red and grey structure the size of a dozen football fields that, when completed, aims to be the world's biggest building. What Tesla TSLA, 1.02% has built in the Nevada desert is impressive. It is crammed top to bottom with automated machines, snaking assembly lines, engineering rooms, and 13,000 busy people working for Tesla and its Japanese partner. Panasonic, occupying 30% of the building, produces the cells, 4,000 of which go into a pan beneath the floor of every Tesla Model 3 electric car. Panasonic 6752, -0.30% . This is where half of the world's electric-vehicle batteries are produced.
(news.financializer.com). As
reported in the news.
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