Tesla said it will invest $3.6 billion to expand manufacturing capabilities in Nevada to produce high volumes of semi-trucks and enough cell batteries for 2M light-duty vehicles annually in the state.
The project will expand an existing 5.4M square-foot Gigafactory where the EV automaker makes batteries for electric vehicles. It will help Tesla come closer to meeting its target of producing 50,000 Tesla Semi trucks in North America in 2024.
Tesla said it has invested $6.2B in Nevada since 2014 and the new expansion will add 3,000 new jobs and two new factories to its site in the U.S. state, creating the “first high-volume Semi factory”.
Nevada Gov. Joe Lombardo also mentioned the new facility in his recent state of the state address and then confirmed the information again on Tuesday afternoon on Twitter.
“Last night, I said that Nevada is open for business, effective immediately — and I meant it,” Lombardo tweeted.
“Today, @ElonMusk announced Tesla’s new $3.6B factory in northern Nevada. This is an incredible investment in our state.”
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