Tesla Unveils Plans For New Battery Plant (Infographics)
![Apple-Tesla-merger](https://d.ibtimes.com/en/full/1556521/apple-tesla-merger.jpg?w=736&f=6097219118e5764f6504151288331ea3)
On Wednesday Tesla Motors Inc. (NASDAQ:TSLA), the all-electric vehicle maker and current Wall Street darling, unveiled long-awaited plans for its new battery factory, which it says will cut manufacturing costs.
Dubbed "The Gigafactory" by Tesla, the single plant is supposed to produce by 2020 more lithium ion batteries than all factories in the world turned out in 2013.
Here are the details Tesla released, in a series of charts and images.
![tesla5](https://d.ibtimes.com/en/full/1558274/tesla5.png?w=736&f=b9b32db680638d2ab610a712e5819e1f)
![tesla1](https://d.ibtimes.com/en/full/1558275/tesla1.png?w=736&f=62e751458390d9b7d22947e39d9c70fa)
![tesla2](https://d.ibtimes.com/en/full/1558276/tesla2.png?w=736&f=db113fbb890e99612cdf77f04dd690f8)
![tesla3](https://d.ibtimes.com/en/full/1558277/tesla3.png?w=736&f=78c82c28a0dbc67ba1064fa519eaa14b)
![tesla4](https://d.ibtimes.com/en/full/1558278/tesla4.png?w=736&f=28ce73321bc367c3a7d1ef6d02f5b8bd)
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