10 numbers to know about Tesla and its Gigafactory

Reports say Tesla Motors Inc. is getting ready to announce it has chosen Nevada as the future site of its lithium-ion 'Gigafactory.'

Five states, including California, were in the running for the plant, which brings jobs and bragging rights. Here are 10 numbers to know about Tesla and its battery factory deal.

$13.1 BILLION: The net worth of South Africa native Elon Musk, Tesla CEO/co-founder and largest shareholder, according to the Bloomberg Billionaires Index. Tesla shares closed at $281.19 on Wednesday.

$4 BILLION-$5 BILLION: Tesla Motors' stated investment in the Gigafactory, including $2 billion to build the facility.

$61.9 MILLION: How much Tesla Motors Inc. lost in earnings in the April to June period. On an adjusted basis, it made $16 million, or 11 cents.

10 MILLION: The maximum square footage Tesla estimates it needs for the Gigafactory. That's nearly 10 times the size of Amazon.com's distribution center in Fernley, Nev.

500,000: The number of lithium-ion batteries the gigafactory is expected to manufacture a year by 2020.

6,500: The number of employees to work at the Gigafactory that, if built in Northern Nevada, would make Tesla one of the region's top five biggest employers and bigger than International Game Technology.

500-1,000: Total acreage Tesla estimates it will need to house its Gigafactory.

1856-1943: The life span of company namesake Nikola Tesla, a Serbian-American inventor, electrical engineer and pioneer in the use of electricity who has a museum in his name in Belgrade, Serbia.

2003: The year Tesla Motors Inc., was founded in Palo Alto, Calif.

2017: The year Tesla expects to have the Gigafactory open and operating.


To find out more about Facebook commenting please read the
Conversation Guidelines and FAQs

Leave a Comment