2019 Tesla Model X Long Range on 2040-cars

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Tesla Gigafactory will be capable of supplying packs for 500,000 EVs a year

We made our gigafactory predictions the other day and, it turns out, we were pretty much on target. Today, Tesla Motors released the first official details on its upcoming massive battery plant and we see sun and wind power feeding energy into a plant that will employ around 6,500 people and make enough packs for around a half-million Tesla EVs a year. You read that right. Tesla is getting ready to produce 500,000 EVs a year, and that's already in 2020. Tesla hopes to start selling a lower-cost EV, the Model E, in about three years. The finalists for where the Gigafactory will be built include the Southwestern states of Nevada, Arizona, New Mexico and Texas (our money is on Nevada). We were a little low on the estimated battery output. Instead of being able to make 30 Gigawatt-hours of batteries per year, Tesla is saying that it will have enough capacity to produce 35 GWh of cells and 50 GWh of packs a year. We think that's for both EVs and stationary applications and have reached out to Tesla for confirmation on this point. You can see the details for yourself here and in our gallery below. Through 2020, Tesla will directly invest around $2 billion in the plant and its partners will pony up another $2-3 billion for a total cost of $4-5 billion. That's a lot of cash, but Tesla says that it will make buying an EV much, much cheaper. The company is saying that, once the plant is up and running for the first year, the per-kWh cost of a Tesla battery pack will be lowered by "more than 30 percent." Maybe that Model E isn't such a pipe dream after all. Also today, Tesla announced a new convertible notes offering worth $1.6 billion. Details are available in the press release below. Tesla Announces $1.6 Billion Convertible Notes Offering Wednesday, February 26, 2014 PALO ALTO, Calif., February 26, 2014 – Tesla announced today an offering of $1.6 billion aggregate principal amount of convertible senior notes in an underwritten registered public offering. Of the total offering, Tesla will offer $800 million aggregate principal amount of convertible senior notes due 2019 and $800 million aggregate principal amount of convertible senior notes due 2021.

Recharge Wrap-up: Tesla's usable battery capacity uncovered, Opel Ampera-e costlier than BMW i3 in Norway

Tesla hacker Jason Hughes has uncovered the actual usable capacity of Tesla's batteries. While total capacity is used in the branding of the various versions of the Model S and Model X, the usable capacity is usually less than the "75" or "90" on the badge suggests. The outlier is the Model S 60 and 60D, and Model X 60D, which use the same battery pack as the 75 versions. They have 62.4 usable kWh, and a paid upgrade unlocks another 10.2 kWh in usable capacity for a total of 72.6 kWh – not 75 – plus a top speed of 140 mph. Hughes gathered the data from Tesla's Battery Management System software, and made a list of usable capacity for each model. Read more at Electrek. Opel has priced the Ampera-e higher than the BMW i3 and Nissan Leaf in Norway. In its first European market, the overseas sibling to the Chevrolet Bolt will start at 299,900 kroner (about $34,585). The i3 starts at 267,500 kroner ($30,850), while the Leaf costs 204,990 kroner ($23,640). Opel is launching the Ampera-e first in countries with more EV infrastructure. The automaker says the car's pricing in Norway is unique because of the country's EV incentives and market conditions, and that one shouldn't extrapolate Norway's price to other markets. Read more at Automotive News Europe. Renault has placed Gilles Normand in charge of its EV unit. After holding important roles at both Renault and Nissan, Normand will lead the French automaker's electric car business as it prepares for a period of accelerated growth. Renault enjoys a 25 percent market share of EVs in Europe, selling more than 100,000 since 2012. "I am very motivated by this new strategic challenge at a time when the Global EV market is entering into a significant growth phase," says Normand, who steps into the role on January 1, 2017. "I look forward to working with the team to continue to drive our leadership in existing and new markets, and bring exciting EV vehicles to our customers." Read more from Automotive News Europe, or from Renault.

Tesla not talking about odd Model S prototype spotted in CA [w/video]

It's not a UFO, but this UDO (unidentified driving object) is causing almost as much of a stir on Reddit, Tesla Motors Club and other sites as a visit from Sanyassan marauders. It's tough to see in the video still above, but what we're looking at here is a Tesla Model S with a big ole something on top. That something (and you can see it a bit better in the video below or get a better view in a daylight picture over on Teslarati or even more at TMC) makes the car a mystery. Speculation is basically centered in three camps: either it's a weight thing, to allow for Tesla to test out the all-wheel drive system that is coming in the Model X and also to the Model S; or maybe it's test equipment for autonomous drive experiments. The third likely guess is that the blocky item is simply meant to simulate the weight and drag of a Model X and allow Tesla engineers the chance to test the suspension and handling of the upcoming falcon-winged crossover. Officially, there's no clarification on what, exactly, we're looking at. We've asked Tesla for a comment (and we're not the only ones), but have not heard anything back. If we do, we will of course let you know. Until then, we'll join Teslarati in calling this the Model S/X and wait to see what information others can scrape together. What's your guess? This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. )