Tesla needs more supply to keep up with its demand. That means adding to its sprawling land.
The tech giant tripled its land holdings in Nevada during recent months, expanding its factory by nearly 2,000 additional acres to build more batteries and store more backup batteries for their electric cars, according to the Wall Street Journal.
A Tesla spokesperson even told the Journal that a majority of the purchased land could be powered via solar panels. Tesla's new chunks of land are in addition to the area designated for its $5 billion gigafactory.
This comes after Tesla CEO Elon Musk said that the demand for the Silicon Valley electric car maker's stationary storage batteries was so high that the company might need to expand upon its already-massive planned space for the gigafactory. That gigafactory only has its skeleton steel structure and roof erected thus far.
The Journal additionally reports that the massive factory will take up 10 million square feet and produce up to 50 gigawatt-hours of battery packs annually, making that single Reno, Nevada plant able to produce more batteries than all of the world's current factories combined.
The battery factory and the additional purchased land could be worth up to $1.3 billion and employ approximately 6,500 people when its construction is finished.
With Tesla drivers passing the one billion-mile mark last month, extra land spells more batteries to power electric cars and more electric miles, nondependent on gas.
1 billion electric Tesla miles saved the world the equivalent of pumping gas for 10 years nonstop.
— Tesla Motors (@TeslaMotors) July 2, 2015
