Max Chafkin, of Fast Company, talks one-on-one with Elon Musk, CEO of Tesla Motors and SpaceX, and gets the first look at Tesla’s new battery-making facility, known as the Gigafactory, in Nevada, that will be 13.6 million sq. ft. when it’s completed in 2020.
As Musk explains, Tesla is continuing its mission to develop of less-expensive and higher-energy-producing battery to one day replace the need for fossil fuels. The company is also now expanding to produce a home battery, called the Powerwall, to pair with solar panels. The Powerwall, a slender appliance designed to be mounted in your garage, comes in five colors and starts at $3,000.
The idea is to pair the new Tesla products with solar panels—either on the rooftops of homes or in large-scale solar farms—that will store energy during the day, when the sun is shining, so that it can be used in our homes, for free, at night instead of energy from power plants that produce greenhouse gases.
To read more about Musk’s plans for the future click below.