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InsideEVs
InsideEVs
Technology
Dan Mihalascu

Tesla Confirms $3.6B Nevada Investment For Semi, 4680 Cell Production

Tesla Inc. Nevada Joe Lombardo White House

As indicated by Nevada Governor Joe Lombardo in a January 23 speech, Tesla officially unveiled plans to invest $3.6 billion at its Gigafactory Nevada facility during an on-site presentation delivered by CEO Elon Musk yesterday.

Tesla's boss announced the company would build two new factories adding 4 million square feet (371,612 square meters) of new manufacturing footprint to Giga Nevada: the first high-volume Tesla Semi plant and a 4680 cell factory with annual capacity of 100 GWh.

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