Electronic Products & Technology

Tesla Motors' new giant factory will have over 50% overcapacity, says Lux

Staff   

Electronics CEL

BOSTON, MA – Tesla Motors’ plans to build a new 35 GWh lithium-ion cell production facility dubbed the Gigafactory, which according to Lux Research will bring about only a modest reduction in battery costs, and create significant overcapacity, given likely sales of less than half the targeted 500,000.

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