Tesla Could Build Gigafactories All Around The World Musk Says

Elon Musk, a man who is never satisfied with his innovations, wants to open a multitude of lithium-ion battery producing gigafactories around the world, mimicking the current one in Nevada.

While Tesla’s Nevada gigafactory will already become the largest producer of lithium-ion batteries in the world, Musk thinks it’s a good idea to open similar factories on different continents when the demand for batteries reaches such a level.

Speaking on a BBC radio program, Musk said “Obviously long term it’s going to make sense to have a Gigafactory in Europe, one in China and probably one in India.

“Ultimately, wherever there is a huge amount of demand for the end product, and where the shipping costs are to become significant, then the obvious way to optimise that is to put the Gigafactory on the same continent, or at least within reasonable logistics range of the end customer,” Musk said.

The Nevada gigafactory is only 14 per cent complete and by next year, it’ll only be 31 per cent finished so if Tesla does indeed feel it necessary to build more, don’t expect to see them for decades.

PHOTO GALLERY

Driven: 2019 Peugeot 508 Fastback Bets On Style And Tech To Win You Over

Peugeot’s latest and greatest mid-size sedan is well balanced and, while not perfect, manages to distinguish itself from its rivals.

Toyota Gears Up For Next-Generation Tundra Production With $391 Million Investment Into Truck Plant

The redesigned Tundra is expected to be introduced next year as a 2021 model.

2020 Fiat 124 Spider Updated With Scorpion Decals And… That’s About It

Mind you, the “Scorpion Sting” Appearance Group is only available for the 2020 Fiat 124 Spider Abarth.

2021 BMW 2 Series Active Tourer Grows Up, Adopts SUV Styling Cues

The 2021 2 Series Active Tourer needs to grow as BMW won’t offer a direct successor to the Gran Tourer.

Next-Gen Toyota 86/Subaru BRZ Could Debut As Concepts At Tokyo Motor Show

The new Toyobaru twins will reportedly launch in the market in 2021.

ZF CEO Says Robotaxis Won’t Become The Norm Before 2030

ZF will introduce its first autonomous shuttles in 2021 on a closed circuit at Brussels airport.

Renault Fighting McLaren For P4 In Formula 1 Makes For An “Awkward Situation”

Renault F1 team boss Cyril Abiteboul thinks the French outfit can overtake McLaren in the Constructors Standings.

Lorinser Wants To Make Your Old Mercedes-Benz S-Class W221 Stand Out

The list of components includes visual and power upgrades aimed at the entire W221 lineup.

Analysts Think BMW Should Buy Jaguar Land Rover From Tata

Purchasing JLR for $11.2 billion could add 20% to BMW’s earnings according to Sanford C. Bernstein analysts.

New U.S.-Japan Trade Deal Won’t Slap Imported Cars With Higher Tariffs

The new between the U.S. and Japan could be announced as soon as next week after President Trump’s and Prime Minister Abe’s meeting.