What is the Gigafactory?

The Gigafactory is a lithium ion battery factory that is being built by Tesla. The factory is being built in phases, and is currently in Phase 1. When completed, it is expected to be the largest building in the world.

What is Panasonic's investment?

Panasonic is investing in the Gigafactory to help Tesla meet the demand for its electric vehicles. Tesla plans to produce 500,000 cars per year by 2020, and it will need a lot of batteries to do that. Panasonic's investment will help Tesla build the Gigafactory and produce the batteries that Tesla needs.

What are the benefits of the Gigafactory?

The Gigafactory is expected to create jobs and help boost the economy in the Reno, Nevada area. Tesla estimates that the Gigafactory will create over 6,500 jobs, and that it will have a positive impact on the economy of Nevada.

What are the risks of the Gigafactory?

The Gigafactory is a large investment, and there are always risks associated with investments. Panasonic is taking a risk by investing in the Gigafactory, but it is a risk that could pay off if Tesla is successful in meeting its production goals.