Tesla invests $3.6 billion in Nevada to expand Gigafactory

Tesla Gigafactory Nevada

Tesla, the company known for its electric vehicles, has announced a new investment in Nevada. The company will be putting an additional $3.6 billion into expanding its Gigafactory in the state. This expansion will create 3,000 new jobs, as well as construct two new factories: a 100 GWh 4680 cell factory and a high-volume Semi factory.

The 4680 cell factory will produce enough batteries for 1.5 million light-duty vehicles annually, while the Semi factory will produce electric combination trucks with a range of 500 miles, consuming less than 2 KWh per mile.

Thank you to the Tesla team, our supply chain partners and the local community that has made accelerating the world’s transition to sustainable energy possible at Gigafactory Nevada.

Tesla, Inc.

This new investment is an extension of Tesla’s previous commitment to Nevada in 2014, when the company pledged to invest $3.5 billion in the construction of the Gigafactory. The facility was set to produce 35 GWh of battery cells annually, enough to power the transportation of half a million citizens per year.

Since then, Tesla has invested a total of $6.2 billion in Nevada, creating 17,000 jobs, producing 7.3 billion battery cells, 1.5 million battery packs, 3.6 million drive units, and 1 million energy modules.

The Gigafactory, which is a 5.4 million square foot facility, continues to play a crucial role in the transition to electric vehicles. Tesla’s investment in Nevada not only creates jobs, but also contributes to an electric future_


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