08-02-2016, 11:05 PM
Tesla's Gigafactory is perhaps the best example of the literal scale of Elon Musk's ambitions. When the factory is complete, it will be the largest building in the world by footprint and, if all goes according to plan, will eventually churn out enough batteries to supply 150 gigawatt hours of batteries per year. That's enough for 1.5 million Model 3s. Tesla hopes to build 35GWh of batteries per year by 2018, equivalent to 500,000 Model 3s.
Tesla's entire future depends on the Gigafactory
The past 50 years of the industrial economy have been ruled production management philosophy called "lean" production. "Lean" production was a system so perfected by Toyota that the rest of the auto industry copied it. In fact, Tesla's factory used to be a collaboration between Toyota and General Motors, called NUMMI, to perfect these systems in the US. Tesla's approach is different — a throwback to the pre-war era of "vertical integration," symbolized by Henry Ford's legendary River Rouge plant, where trains loaded with iron ore rolled up to one side of the factory and finished cars rolled out the other.
Tesla has to overcome a major problem for its massive new Gigafactory to succeed - Business Insider
Jeffrey Gundlach, the chief executive of DoubleLine Capital, said on Friday that many asset classes look frothy and his firm continues to hold gold, a traditional safe-haven, along with gold miner stocks. Noting the recent run-up in the benchmark Standard & Poor's 500 index while economic growth remains weak and corporate earnings are stagnant, Gundlach said stock investors have entered a world of uber complacency.
'Sell everything,' DoubleLine's Gundlach says
These contrasting South African voices are united by shared conviction. They all believe Semenya is about to unleash the full force of her supreme ability and smash a world record that has stood for 33 years. But they also agree Semenya will be confronted by an invasive scrutiny on her alone – even when there are “open secrets” that three of the Olympic 800m finalists might be intersex athletes.
The return of Caster Semenya: Olympic favourite and ticking timebomb | Sport | The Guardian
Cannondale-Drapac mechanic James Griffin rubbed vinegar on all the riders' tires before the start of rainy stages. He told Business Insider that the vinegar makes the rubber suppler, which means better traction on rain-slicked roads. The vinegar also helps prevent flats because a suppler tire absorbs bits of road debris better, debris that might otherwise puncture the tire. For what it's worth, at the Giro d'Italia this May, the team told Business Insider that its riders had zero flats during the three-week stage race.