Tesla has officially started production of the cells that will power its Model 3 sedan (TSLA)
Tesla CTO JB Straubel confirmed that the Californian company has started the production of the battery cells that will power its forthcoming Model 3 electric vehicle (EV).
The company's Nevada gigafactory will be responsible for the cells' production, The Verge reports — a crucial milestone for Tesla, which prepares to put on the market its first mass-adoption EV.
"This is where we’re at today with this project; it's still got a little ways to go," Straubel said this past weekend at the Midwest Renewable Energy Association’s Energy Fair.
"But we've started production of Model 3 cells actually right now, so we’re starting to ramp up those cell manufacturing lines and crank this up as we begin to ramp Model 3."
The Model 3 should enter production next month at Tesla's Fremont, California gigafactory, with the first vehicles shipping to customers by the end of the year.