Tesla To Officially Open NUMMI Factory Today
Tesla CEO Elon Musk and Senator Dianne Feinstein will officially open the NUMMI plant in California today as preparations for full-scale production of the company’s Model S 4-door electric sedan draws ever closer. The NUMMI plant was closed down in April this year and has seen a remarkable reversal of fortune after being bought by Tesla (TSLA) from former owners Toyota for $42 million. The plant is capable of producing 500,000 vehicles per year or about 1% of global production, this should give Tesla plenty of room to grow over the coming years as new models are introduced.
Official Press Release
Tesla officially unveils the Tesla Factory in Fremont, CA. The former NUMMI factory closed in April 2010. Tesla purchased the factory in May to build the Model S and future Tesla vehicles.The Tesla Factory is the only auto assembly plant in California, and the first facility dedicated exclusively to mass production of electric vehicles. The Tesla Factory will combine the best automotive and Silicon Valley talent within a proven manufacturing facility to produce the car of the 21st century – Model S. The Model S will be the first electric premium sedan designed from the ground up to take full advantage of the electric vehicle architecture.
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