Not only is Tesla on the verge of opening two brand-new electric car factories in the near future – one in Texas and another in Germany – but it's also continuously improving and expanding its existing properties. Tesla's latest reported investment to expand its Gigafactory in China comes just a few months after a similar investment.
In November 2021, Tesla announced a $200 million investment to expand Giga Shanghai and hire 4,000 new employees. According to Electrek, based on a new Tesla filing revealed by Reuters, the automaker has planned another expansion to its EV plant in China. As you may know, it wasn't long ago that the automaker made it official that the factory in China is now its primary export hub.
