Possible Tesla expansion in Livermore

Tesla Motors might be substantially expanding its operations in the East Bay.

According to the Silicon Valley Business Journal, the EV maker has clinched deals for 1 million square feet of warehouse space at a new industrial center in Livermore.

The Oaks Logistics Center sits on 72 acres located near the intersection of Interstate 580 and Highway 84 in Livermore. Three vast industrial buildings with a total of nearly 1.3 million square feet are under construction at the site, according to the website of developer Trammell Crow Company.

A Tesla spokeswoman said the company had nothing to announce at this time. Representatives from the city of Livermore and the developer did not immediately return messages.

The Palo Alto-based company is ramping up operations to ship at least 80,000 vehicles this year, a substantial step-up from the 50,000 deliveries made in 2015. The company’s Fremont factory produces the Model S sedan and Model X crossover SUV.

The company also has accumulated more than 400,000 pre-orders for the Model 3, an electric sedan starting at $35,000. The former Nummi factory produced about a half-million vehicles annually at its peak.

Tesla is also slated to release its quarterly report on Wednesday.

Photo: The Tesla factory in Fremont. (LiPo Ching/Bay Area News Group)

 

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  • Rich Partain

    Tesla recently announced the incredible testing results of its new air filtering system in the Model X and the newer Model S. The filter system not only cleans the air in the cabin but removes pollutants from the outside air environment. Now that is a step in the right direction. Wish Tesla would build a plant near my hometown. It has some of the highest pollution counts in the country. Now thank your neighbor for driving a Tesla.

  • Miffler J. Tripod

    The LAST thing I want to see is more of thes friggin’ things on the road. Over-priced Teslas clogging up the passing lanes.

    • Poplar

      Yeah. We need more horses in the freeways. Camels would be OK too!

      • Miffler J. Tripod

        I wouldn’t go that far. Fewer poor drivers in cars that seem best left for the right hand slow lane would be nice.

      • Miffler J. Tripod

        Not sure why my last reply was removed. It contained no profanity, threats or hate speech. Perhaps Tesla’s reach? Again, I’m not knocking technology but the last thing we need is more slow tech toys clogging up the passing lanes on our freeways.

    • Numbers_Wonk

      The$35K versions, if they meet the specifications, appear to be good value. Tesla makes very well engineered vehicles.

  • AlbertoRogers

    they better build it fast. The Metropolitan Transportation Commission just released a plan for a $5,000 jobs tax for any job created essentially ourside san Francisco….they say any job “not well served by transit” This will kill all job creation in the East Bay.

    • Numbers_Wonk

      The planned Isabel Ave BART station is about 2 miles away. I’d call that well-serve public transit. You flunked, do more homework.

      However, the 3,500 homes that are planned within the transit zone are partially within the airport exclusion zone – that is – you don’t build residences too close to an airport where planes are more likely to crash due to problems on departure or landing.

      I was out scouting those buildings for a client a while back. Nice location, especially if you have a small experimental plane!

      • AlbertoRogers

        “planned” being the appropriate word here. The factory is going to be built long before the BART station and Tesla will have to pay a $5,000 per employee tax to MTC…or they could build their factory in Nevada next to their battery plant and MTC planners could slap themselves on the back for reducing greenhouse gases.

      • AlbertoRogers

        one more thing. transit planners use a half mile radius to transit to qualify as “transit served” not 2 miles.

  • Angelo_Frank

    Tesla’s market capitalization is currently about $31 billion – equivalent to $620,000 for every car it delivered last year, or $63,000 for every car it hopes to produce in 2020. By comparison, General Motors Co’s (GM.N) $48 billion market value is equivalent to about $4,800 for every vehicle it sold last year. Tesla’s heady valuation – about 125 times the next 12 months of expected earnings – and the implication that shareholders may be overpaying for Musk’s small but fast-growing luxury car company have made the stock a favorite of short sellers.

  • Rich Partain

    GM over its hundred years invested hundreds of billions to wind up bankrupt and bailed out by the US taxpayer. Comparing Tesla to GM is likening apples to cockroaches.

 
 
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