Tesla Motors Inc (TSLA) Posts New Job Openings For Gigafactory

Tesla Motors has posted 30 new job openings for its $5 billion lithium-ion battery making facility popularly known as the gigafactory. Until now, the gigafactory had only construction workers, but now the requirement of roles and responsibilities is expanding. The openings posted range from technical positions such as engineers and technicians to openings in chain development and facility management, says a report from the Reno Gazette-Journal.

Tesla Motors Inc (TSLA) Posts New Job Openings For Gigafactory

Tesla (TSLA) hiring more staff for gigafactory

The Palo Alto-based company offered a detailed description of each position available on its career site. There is no word about the wages and salaries employees will receive, but Tesla Motors Inc (NASDAQ:TSLA), in its original application to the state, detailed that wages will range from $22.79 per hour to $51.83 per hour.

On its career site, Tesla posted openings for supply chain, Equipment maintenance technician, Inventory Analyst, Facilities Mechanical Engineer, Industrial Engineer, Manufacturing Engineer, Facilities Manager, Process Engineering Manager, Production Control Manager, Quality Manager, Senior Technical Recruiter, Production Supervisor, Training Associate, Workplace Supervisor and a position for Buyer. Jobs are listed as full-time positions only.

Gigafactory– a lot depends on it

According to the information furnished by Tesla to the State of Nevada, the company hired 12 employees for the gigafactory in the first quarter of the year. The total salary paid to those workers was shown as $314,000 of the $80.6 million that the company invested in the gigafactory during the first quarter of 2015, says the report. Additionally, the company has invested around $143.2 million in the battery plant to date, as per the latest numbers from the company.

This is not the first time, when the company is hiring for its multi-billion dollar gigafactory. It is estimated that there will be around 6,500 workers at the gigafactory by 2020. With an expanded scale of production, Tesla will see a drop of approximately 30% in the cost of batteries for its electric cars and for its stationary solar energy storage units, the Powerwall and Powerpack. However, Tesla’sgGigafactory will not be unique, as Chinese electric vehicle maker BYD is also constructing its own battery factory and is enjoying backing from none other than Warren Buffett

On Tuesday, Tesla Motors Inc (NASDAQ:TSLA) shares closed up 2.19% at $244.74, and year to date, the stock is up by over 10%.