• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechFuture of Work

Tesla Is Speeding Up Construction at Its Gigafactory

By
Michal Addady
Michal Addady
Down Arrow Button Icon
By
Michal Addady
Michal Addady
Down Arrow Button Icon
July 25, 2016, 12:55 PM ET
GIGAFACTORY
RENO, NEV - MARCH 25: Construction on the Tesla Motors Gigafactory east of Reno, Nev., March 25, 2015. (Photo by David Calvert/For The Washington Post via Getty Images)Photo by David Calvert—The Washington Post via Getty Images

Tesla (TSLA) is working hard to finish construction on its Gigafactory by the end of 2016, slashing years off of its original timeline.

The company announced the launch of its Model 3 sedan in March, and Tesla wants the Gigafactory to be ready early enough to keep up with the high demand for the vehicle, the Wall Street Journal reports. The base price for the sedan is $35,000, approximately half that of the Model S.

The factory is being built on 3,000 acres of Nevada land, and construction began about two years ago.

Tesla has doubled the number of people constructing the factory, reaching 1,000 workers. Construction goes on seven days a week, with two shifts each day. The size of the current building is less than 20% of what the final outcome is expected to be. The Gigafactory will be one of the only U.S. sites of lithium-ion battery production. Nearly all lithium-ion batteries are currently produced in Asia.

“We have to be ready with cell and pack production well ahead of vehicle production,” Tesla co-founder and chief technical officer J.B. Straubel told the Journal. “We’re accelerating our construction plans and accelerating our planned ramp up of cell production.”

Additionally, the roof of the Gigafactory will be covered in solar panels made by SolarCity (SCTY), another company of which Tesla CEO Elon Musk is the chairman and biggest shareholder. He has recently suggested that the two companies merge.

Tesla could not immediately be reached for comment.

Correction (July 26, 2016 7:34 a.m. EDT): A previous version of this story stated Tesla was working to finish construction on the Gigafactory by 2017. It has been updated and corrected to reflect new information from the Wall Street Journal report.

About the Author
By Michal Addady
See full bioRight Arrow Button Icon

Latest in Tech

LawInternet
A Supreme Court decision could put your internet access at risk. Here’s who could be affected
By Dave Lozo and Morning BrewDecember 2, 2025
7 hours ago
AITikTok
China’s ByteDance could be forced to sell TikTok U.S., but its quiet lead in AI will help it survive—and maybe even thrive
By Nicholas GordonDecember 2, 2025
8 hours ago
United Nations
AIUnited Nations
UN warns about AI becoming another ‘Great Divergence’ between rich and poor countries like the Industrial Revolution
By Elaine Kurtenbach and The Associated PressDecember 2, 2025
9 hours ago
Anthropic cofounder and CEO Dario Amodei
AIEye on AI
How Anthropic’s safety first approach won over big business—and how its own engineers are using its Claude AI
By Jeremy KahnDecember 2, 2025
9 hours ago
Nvidia founder and CEO Jensen Huang reacts during a press conference at the Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju on October 31, 2025.
AINvidia
Nvidia CFO admits the $100 billion OpenAI megadeal ‘still’ isn’t signed—two months after it helped fuel an AI rally
By Eva RoytburgDecember 2, 2025
11 hours ago
Big TechInstagram
Instagram CEO calls staff back to the office 5 days a week to build a ‘winning culture’—while canceling every recurring meeting
By Marco Quiroz-GutierrezDecember 2, 2025
11 hours ago

Most Popular

placeholder alt text
Economy
Ford workers told their CEO 'none of the young people want to work here.' So Jim Farley took a page out of the founder's playbook
By Sasha RogelbergNovember 28, 2025
4 days ago
placeholder alt text
Success
Warren Buffett used to give his family $10,000 each at Christmas—but when he saw how fast they were spending it, he started buying them shares instead
By Eleanor PringleDecember 2, 2025
18 hours ago
placeholder alt text
Economy
Elon Musk says he warned Trump against tariffs, which U.S. manufacturers blame for a turn to more offshoring and diminishing American factory jobs
By Sasha RogelbergDecember 2, 2025
11 hours ago
placeholder alt text
C-Suite
MacKenzie Scott's $19 billion donations have turned philanthropy on its head—why her style of giving actually works
By Sydney LakeDecember 2, 2025
18 hours ago
placeholder alt text
Success
Forget the four-day workweek, Elon Musk predicts you won't have to work at all in ‘less than 20 years'
By Jessica CoacciDecember 1, 2025
1 day ago
placeholder alt text
AI
More than 1,000 Amazon employees sign open letter warning the company's AI 'will do staggering damage to democracy, our jobs, and the earth’
By Nino PaoliDecember 2, 2025
19 hours ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.