Tesla Model S Fatal Crash Investigation: NTSB Said Driver Was Speeding

Tesla Motors has apparently made a decision to finish building its massive Tesla Gigafactory ahead of its schedule to meet the demand for the Model 3 and also provide power for new types of vehicles.

At present, Tesla’s gigafactory structure is less than one-sixth of the size the final building is anticipated to occupy, according to WSJ. Once it’s finished, Musk says the 13 million square-foot plant will be able to produce more lithium-ion batteries than were produced in the entire world in 2013.

The Tesla Model S involved in the fatal crash on May 7, 2016 is shown with the top third of the vehicle sheared off by the impact of a collision with a truck and trailer unit in the US.

Tesla plans to build a new pick-up truck, and an urban bus, and launch a sharing system of selfdriving cars, founder Elon Musk announced. Apart from making investment in the company, the Japanese electronics company is handling cell manufacturing and installation of the equipment.

Nevada has promised Tesla incentives that could be worth $1.3 billion over 20 years, including the construction of a highway that speeds travel from near Carson City to the industrial park where the factory is located.

Tesla topped the US electrified segment in 2015 with 25,245 sales and in this year’s first six months with about 13,540, according to WardsAuto estimates.

Unveiled earlier this year, the Tesla Model 3 is confirmed to have base price of $35,000 before any incentives.

To ensure hassle-free operation and production on the Tesla Gigafactory, reports are now rife in saying that SolarCity may provide solar panels to be installed on the roof of the factory.

Mobileye doesn’t believe the traditional relationship between a supplier and automaker is ideal in the era of autonomous vehicles. Acquiring SolarCity will increase Tesla’s debt load and further delay profitability – the company has only had a single quarter without a net loss since going public. In the first half however, the company delivered fewer than 30,000 vehicles. In part, this first “Master Plan” was meant to demonstrate that Tesla was thinking far-beyond the luxury sports auto market from the beginning, but that starting there was a necessity since, as Musk explains, “no one was going to pay $100k for an electric Honda Civic, no matter how cool it looked”. Musk now has 1,000 workers constructing the factory on two shifts, seven days a week.