Tesla is aiming for the expansion of Gigafactories. Three more locations would be finalised this year.
Owing to the massive project of Model 3 and the recently announced improvements of the battery performances, Tesla is working hard to acquire more area for establishing three more Gigafactories.
The news came to public knowledge through the shareholder letter for the 4th quarter of 2016.
Tesla is currently owning two Gigafactories; enormous one in Nevada, which focuses on Powerwall and Powerpack projects of energy storage products, and the recently announced “2170” battery cells, exclusively designed for Model 3; and a facility in Buffalo where Tesla is working in collaboration with Panasonic for building solar panels.
The contents of the letter further explain that the company is hoping to finalise three more location for the facilities 3, 4 and 5, most probably, at the end of this year.
Reportedly, this is the high time for Tesla where it needs to sharply increase the construction facilities to meet the growing list of orders from across the globe for all technologies.
The company has received 49 percent more global net orders for vehicles in December 2016 quarter than it received in the same quarter last year (2015). Tesla produced 24,882 vehicles while delivered 22,252.
Similar graph is expected this year. The company is aiming for delivering 47,000 to 50,000 Model S and Model X cars in the first half of this year, which is a dramatic rise of 61 percent to 71 percent against the last year.
Likewise, a limited production of Model 3 would be initiated in July, with a rise to 5,000 vehicles per week in the 4th Q of 2017, and to 0,000 per week in 2018.
On the other hand, the company is expecting a start production of its solar roof product in the second half of 2017.