Musk, Tesla´s founder and great-grandchild : We recently - TopicsExpress

Musk, Tesla´s founder and great-grandchild : We recently explained how Tesla needs to build what it is calling a gigafactory for batteries in order to survive. The rest of the world is not building enough lithium ion storage to meet what Tesla thinks will be surging demand, so it has decided it must do it itself by making a very costly factory. Tuesday, SolarCity (Elon Musks other company) announced it will have to do the same for solar panels. The firm unveiled plans to build one of the worlds largest high-efficiency solar panel plants, using technology from Fremont-based Silevo, which they also said theyd acquired. We expect to have to install 10 gigawatts [of high-efficiency panels] a year, Chairman Elon Musk said on a conference call announcing the move. If you look at the current capacity in the world, were not able to do that right now.

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