High Tech > Autos

Tesla will spend $3.6 billion to build a Semi and a battery factory in its Nevada complex

12 days ago   |   By Engadget

Tesla has big expansion plans for its first Gigafactory near Reno, Nevada. The automaker has announced that it's investing $3.6 billion to build two new factories in the complex and hire 3,000 additional workers. That's bigger than the company's initial investment when it made a commitment to build the facility back in 2014. One of the new Nevada factories will manufacture its 4680-type batteries, while the other will be Tesla's first factory to mass produce the Semi. The automaker delivered its first production Semis to Pepsi in December 2022, five years after it first showed off the...
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Tesla's new $3.6 billion Nevada investment includes a ‘high-volume' Semi factory

Tesla's new $3.6 billion Nevada investment includes a ‘high-volume' Semi factory

12 days ago   |   By The Verge

The Gigafactory. | Image: Tesla
Tesla is investing more than $3.6 billion into its Reno, Nevada Gigafactory, and with part of the cash, it plans to build its “first high-volume Semi factory,” according to a blog post published Tuesday .
The company officially delivered the first of its long-delayed electric Semi trucks to PepsiCo in December , but it appears Tesla is ready to significantly expand its production of the new vehicle. However, Tesla's blog post doesn't specify how many trucks the factory might make on a regular basis or when it's expected to open, so it might be awhile before...
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