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.
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_