The Tesla Model X SUV and the Model 3 are the next two vehicles from Elon Musk’s company, and will more than likely be faced with the same contempt as the Model S. Most of the public seems to like Tesla Motors; it’s just some individuals within the industry have it in for the company and its cars as a whole.
We have seen things like this in the past, as some people do not like change and will do all they can to prevent it from happening. However, there is no stopping EVs now, as all the big players have had to adapt, although not as much as Tesla Motors.
Tesla is not easy to be frightened off and has announced plans to build a gigafactory manufacturing plant on home soil. Radical changes will be made in EV battery production, which is due to open in 2017. Both the Model X and 3 should be on the market by then, and so they will benefit from this new way of producing batteries for electric vehicles.
Changes we are likely to see – Tesla’s main aim is to decrease the cost of producing the long-range batteries required to be fitted into its range of vehicles, which will be more extensive once the plant is up and running. It is the hope that reducing costs will help to bring more electric vehicles to market.
This sounds like a very good plan seeing as though it is the cost of producing these batteries that often puts other car makers off. It is the plan to reduce the cost by as much as 30 percent – wonder what the Tesla haters will say about that?
WSJ says the overall cost of the new plant is expected to cost as much as $5 billion, although Tesla is expected to shoulder most of that cost. The other bit of good news about this new plant is that it will create about 6,500 jobs.