Tesla to Invest $2 Billion on Massive Gigafactory

Tesla Motors announced its plans to invest $2 billion in a U.S. Gigafactory that will be capable of supplying battery packs for 500,000 electric vehicles a year. The Palo Alto, Calif.-based electric-car maker said the proposed plant would open in 2017 and reach full capacity production in 2020, producing enough cells for 500,000 electric vehicles […]