During the 2016 Shareholders Meeting today, Tesla CEO Elon Musk announced that the company could triple the total planned battery output of the Gigafactory to ~105 GWh of cells and ~150 GWh of battery packs – or over 3 times the current total li-ion battery production worldwide. The new potential total capacity would be based on the current planned factory of 13 million sq-ft – with no expansion needed. Musk revealed a few other tidbits of information about the plant during the meeting. Total capacity aside, the biggest announcement is the confirmation that Tesla and Panasonic, the automaker’s strategic partner in the Gigafactory, will manufacture a new 20700 cell format – compared to the current 18650. It means the battery cells that will be produced at the factory later this year will be a little taller (70mm) and a little wider (20mm) than the current cells used in the Model S and X.