Tesla Motors has unveiled its 5 billion-US Dollar battery "gigafactory" outside Reno, in Nevada.

 

特斯拉汽车在内华达州里诺城外投资50亿美元建设一座电池“超级工厂”。

 

The company is opening the plant earlier than expected in order to ramp¹ up production of its Model 3 sedan.

 

Speaking at the opening on Tuesday in the town of Sparks, Tesla CEO Elon Musk² said the company's "master plan" to broaden the electric vehicle maker's product line, could cost "tens of billions" of dollars over time and would likely require a "modest capital raise".

 

The new plant is being jointly³ developed with Japan's Panasonic Corp and could ultimately support 1.5 million electric vehicles a year.

 

Musk also said concerns that the factory would be a financial burden on the state of Nevada are incorrect.

 

"Nevada is not paying for this facility. The 1.3 billion or so which is the maximum tax incentive⁴ that Tesla could get over 20 years, so at an average of like, maybe 50 or 60 million dollars a year, is a tiny fraction of what this factory's output would be. So at the 50 gigawatt hour level this is like a 5 billion dollar a year factory output. We think it will probably be at least two, probably three times that number."

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