MitchJi
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Inside the massive factory where Tesla will soon make 60 percent of the world’s lithium-ion batteries
https://www.theverge.com/transportation/2018/11/30/18118451/tesla-gigafactory-nevada-video-elon-musk-jobs-model-3
https://www.theverge.com/transportation/2018/11/30/18118451/tesla-gigafactory-nevada-video-elon-musk-jobs-model-3
A senior analyst at Global Equities Research, LLC, likes to compare how Tesla has spent about as much ($5 billion) getting the Gigafactory to its current state as General Motors has spent on advertising in the same period. “The value of Gigafactory is exponential. It gives them flexibility. That money is well spent,” he said in an interview with The Verge. Chowdhry estimates that the Gigafactory could be worth $50 billion someday, based on the scale and the value of what the company has learned along the way. “Very few people, and companies, can do that,” he said.
“From our vantage point, Tesla’s rivals are primarily relying on outside battery suppliers, which may present significant logistical and scalability challenges going forward,” Worm Capital analysts Eric Markowitz and Dan Crowley, who toured the Gigafactory in August, said in an email. “Ultimately, we think not having Gigafactories of their own will adversely impact many automakers’ long-term ability to supply (at scale) affordable, durable, and long-range electric vehicles to consumers.”
The electric cars and trucks are part of Tesla’s vision for a cleaner future. Musk believes that without sustainable energy, we’ll pollute ourselves to death. So if a shift to sustainable energy is ever going to happen on a scale big enough to tilt that balance, the Gigafactory has to succeed — and that success has to be repeatable all around the world.