
Tesla Inc. (NASDAQ:TSLA) has revealed that it pumped nearly $10 billion into its U.S. operations during the last fiscal year and plans to allocate an additional $8 billion this year.
What Happened: Tesla’s investment in the U.S. is part of its long-term strategy, with the company having invested around $44 billion in U.S.-based facilities and infrastructure since its inception, the EV-maker revealed via a post on X on Saturday. Tesla’s $8 billion investment planned for this fiscal year is aimed at scaling operations and increasing production capacity.