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Tesla Says Gigafactory Costs May Exceed Expectations

Tesla said the cost of building the Gigafactory could exceed the company's expectations and take longer than anticipated to come online.

Tour Of Tesla Motors Inc.'s Gigafactory With Remarks By Chief Executive Officer Elon Musk And Co-Founder Jeffrey Straubel

Tesla Motors said the cost of building and operating the Gigafactory could exceed the company’s current expectations.

The Gigafactory may also take longer than anticipated to come online, the electric carmaker said in a filing on Friday.

Tesla (TSLA), which is buying solar panel installer SolarCity (SCTY) for $2.6 billion in shares, unveiled the massive battery factory, the Gigafactory, in Nevada last week.