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Tesla will contribute an additional $3.6 billion to manufacture trucks and batteries in Nevada


Thursday 9 February 2023, 7:39:29 PM


Tesla announced on social media on Tuesday that it would invest an additional $3.6 billion in heavy-duty trucks and expand battery manufacturing in Nevada.

Tesla aims to eventually hire 3,000 more staff across two new locations, according to its public comments.

Whether Tesla’s ambitions expand its production footprint beyond the land  it is already developing outside of Reno in Sparks, Nevada, wasn’t immediately known.

In a statement, Tesla said that its new facilities would include a 100 GWh battery cell factory, where it anticipates having the capacity to produce battery cells for 2 million light-duty vehicles annually, as well as a high-volume factory where it will eventually produce its class 8 heavy-duty, fully electric truck, the Tesla Semi.

In Nevada, Tesla started building its first battery facility in 2014. With Panasonic as a main cell supplier, co-tenant, and manufacturing investor, it runs this plant right now.

The vast factory is also known as Giga Nevada, the original Tesla Gigafactory, or GF1. It primarily produces and provides high-voltage battery packs to Tesla’s Fremont, California, vehicle assembly factory.

Republican Nevada Governor Joe Lombardo provided information regarding Tesla’s plans for growth in the state. Before its fourth-quarter earnings release, which is planned after markets close.

Elon Musk, the CEO of Tesla, conducted a ceremony in Nevada in December to officially begin delivering the company’s Tesla Semi to PepsiCo, a significant early customer.

When Tesla first revealed its plans to manufacture the Semi, it had intended to begin manufacturing in 2019, however, this was postponed until 2022. Although it does not yet produce many Semitrucks, the business does do so at the Nevada Gigafactory.

Since that announcement, both Tesla supporters and detractors have shared pictures of Tesla Semitrucks they’ve spotted on the road with Pepsi Frito Lay branding, some of which are broken down on the hard shoulder.

In its fourth-quarter delivery report, Tesla omitted to mention how many trucks it has made or sold, as well as the cost of each one.

In its Q4 earnings call, the business is anticipated to provide additional information regarding its Semi initiative.



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