Elon Musk's Tesla Gigafactory: Here are the 3 most amazing facts about it | Exploring Markets

Elon Musk's Tesla Gigafactory: Here are the 3 most amazing facts about it

The Gigafactory is a project planned by Tesla and its CEO Elon Musk.

The goal is to build a battery factory for Tesla cars and renewable energy storage. It will go down in history as one of America's most exciting planned projects and it could revolutionize an industry. Here are the 3 facts everyone must see about it:

1.) The Tesla Gigafactory is expected to be at full capacity by 2020. It's already projected to be the largest battery production plant in the world. Elon Musk says the new factory will produce batteries for 500,000 vehicles.

2.) The Tesla Gigafactory is expected to employ 6,500 people. The size of the factory is expected to be larger than 10 million square feet and that alone would make it one of North America's largest -ever factories. 

3.) The Tesla Gigafactory is expected to be powered completely by wind and solar energy. It could become of the largest clean energy facilities in the world. That alone would set a new standard for energy consumption and use. Here is the first concept picture of the Tesla Gigafactory: