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Tesla Confirms $3.6 Billion Investment in Giga Nevada Facility

tesla semi
Tesla Confirms New $3.6 Billion Facility in NevadaTesla
  • In his inaugural State of the State address on January 23, Nevada Governor Joe Lombardo brought up a new investment from Tesla to be announced this week.

  • The next day, Tesla confirmed Lombardo's statement that the Tesla Semi is set to be produced at the new facility, along with a new 100.0-GWh 4680 battery.

  • Lombardo also said the manufacturing plant will be built in northern Nevada and cost an estimated $3.5 billion.


Tesla is expected to build a new manufacturing facility in Nevada that will produce its electric semi-truck. While Tesla didn't officially announce the plans until Tuesday evening, Nevada Governor Joe Lombardo mentioned the deal Monday night, January 23, during his State of the State address.

tesla semi
Tesla

Lombardo said the new facility is planned to be built in northern Nevada. He also said it'll cost an estimated $3.5 billion. The advanced manufacturing facility is said to be the production site for the Tesla Semi, the first units of which were delivered to Pepsi last month.

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Tesla confirmed it is investing $3.6 billion to its Giga Nevada operations and plans to build two new factories on the site. The first will be a 100.0-GWh 4680 cell factory with the capacity to produce batteries for 1.5 million vehicles each year. The second factory is confirmed to be Tesla's first high-production factory for the Tesla Semi. The investment will result in four million additional square feet of manufacturing and 3000 additional jobs for Tesla's Giga Nevada facility.

the track club
the track club

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