31-07-2016 20:09 via feedproxy.google.com

Tesla has to overcome a major problem for its massive new Gigafactory to succeed (TSLA)

Tesla held a grand opening for its $5 billion Gigafactory in Nevada last week.
This massive facility, which will have the largest footprint of any building in the world when complete, is critical to achieving CEO Elon Musk's lofty goal of building 500,000 vehicles annually by 2018.
That many cars will require more lithium-ion batteries than are currently available.
By all recent accounts, Gigafactory 1 is an impressive, huge, still-under-construction space filled with industrial robots and Tesla
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