Panasonic says it’s ready to accelerate its Tesla Gigafactory investment to support the Model 3

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During the recent conference call with analysts for Tesla’s first quarter 2016, co-founder and CTO JB Straubel said that we shouldn’t focus too much on Tesla’s previously stated goal of 35 GWh of battery cell production at the Gigafactory, and 50 GWh of battery pack output.

Straubel said that Tesla was prepared to adjust the battery factory output according to the higher than anticipated demand for the Model 3 after the company received over 373,000 pre-orders. Tesla’s battery output at the factory depends significantly on Panasonic and now the Japanese battery maker says that it would move up its investment schedule if asked by Tesla. more…

Filed under: Cars, Tesla Tagged: battery, Gigafactory, Model 3, Panasonic, Tesla, Tesla gigafactory, Tesla Model 3


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