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Alex Salkever
Head of Product Marketing and BD at Silk.co
Tesla's GigaFactory: Three Takeaways
February 26, 2014
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The news that Tesla is launching a $1.6 billion fund raising campaign to build an ultra modern
battery production facility in the United States hardly comes as a surprise. The new factory
will reportedly employ 6500 workers and will have backing from giant lithium-ion battery
makers such as Panasonic. The announcement is further validation of the ongoing yet widely
underreported rebound in U.S. manufacturing. We've already seen Apple move final
assembly production of its MacPro line back to the U.S. On the Gulf Coast, a host of new
chemical and steel plants are under construction - something that Vivek Wadhwa and I wrote
about recently in the Washington Post as part of a bigger piece on the U.S. Rebound. But
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