Tesla said it intends to invest $3.6 billion to expand manufacturing capabilities in Nevada. The company confirmed it plans to produce high volumes of semi-trucks and make enough cell batteries for 2 million light-duty vehicles annually in Nevada.
SPARKS, Nev. — Tesla said it intends to invest $3.6 billion to expand manufacturing capabilities in Nevada and is confident growing software-related profits, reflected in What You Need To KnowThe company confirmed it plans to produce high volumes of semi-trucks and make enough cell batteries for 2 million light-duty vehicles annually in Nevada The company confirmed it plans to produce high volumes of semi-trucks and make enough cell batteries for 2 million light-duty vehicles annually in Nevada.
The project actually will expand an existing operation at the Truckee Reno Industrial Center, about 20 miles east of Reno-Sparks along Interstate 80. But the plan takes the company a step closer to accomplishing previously announced plans to ramp up Tesla Semi production to make 50,000 trucks in North America in 2024.
Lombardo tweeted a photo late Tuesday of himself with Musk at Tesla’s “Gigafactory” in the industrial park east of Reno-Sparks, where it makes batteries for electric vehicles.Elizabeth Ray, the governor’s communications director, confirmed the photo’s authenticity and clarified in an email to The Associated Press the new investment was for an “expansion of the existing space” at the Truckee-Reno center.
“We will be investing over $3.6 billion more to continue growing Gigafactory Nevada, adding 3,000 new team members and two new factories,” the company said, adding that it would include its “first high-volume Semi factory.” to a PepsiCo facility in Nevada in December, more than three years after Musk said his company would start making the trucks.
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Tesla plans $3.6 bln Nevada expansion to make Semi truck, battery cellsTesla Inc said on Tuesday it would invest more than $3.6 billion to expand its Nevada Gigafactory complex with two new factories, one to mass produce its long-delayed Semi electric truck and the other to make its new 4680 battery cell.
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Tesla will invest $3.6B in Nevada truck factory expansionTesla says it intends to invest $3.6 billion to expand manufacturing capabilities in Nevada and is confident growing software-related profits will keep margins higher than any other automaker.
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Tesla Set to Announce $3.5 Billion Manufacturing Plant in NevadaNevada's governor has said Tesla is planning to bring a new facility into the state where its electric semi-truck will be built.
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Tesla says it plans $3.6 billion expansion of Nevada gigafactoryIn a blog post Tuesday, Tesla said the expansion will include two new factories, one for battery cells and one to mass produce its Semi electric truck, and will add 3,000 jobs.
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Tesla’s new $3.6 billion Nevada investment includes a ‘high-volume’ Semi factoryTesla wants to make more Semis.
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Tesla hiring 3,000 workers, investing $3.6B in Nevada GigafactoryInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
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