$ 3.6 billion Tesla investments in Nevada, and the company plans to build the first average factory

Tesla is investing more than $3.6 billion in the Reno, Nevada Gigafactory, and with part of the money it plans to build its first mid-size factory, according to the company’s blog post and tech transfer theverge.

Giga Nevada is a factory for manufacturing lithium-ion batteries belonging to Tesla Motors in Nevada, USA.

The company officially delivered the first of its much-anticipated semi-electric trucks to PepsiCo in December, but Tesla looks set to significantly expand 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 may be a while before this big starts.

In addition to the factory, Tesla wants to use the Nevada investment to build a 100-gigawatt-hour 4,680 battery cell plant, which the company says will have “the capacity to produce enough batteries for 2 million lightweight cars annually,” as well as add 3,000 new employees to the facility. .

And for context, the company says its Gigafactory currently produces over 37 gigawatt-hours of batteries annually, which is enough for about 500,000 vehicles.

So far, Tesla says it invested $6.2 billion in the Nevada Gigafactory and boasted about the factory’s battery cells. But Tesla has come under scrutiny for how the Gigafactory changed Reno and allegations that it covered up drug trafficking and spying on Gigafactory employees.

The company also operates Gigafactories in New York, China, Germany and Texas, and is said to be planning one for Mexico.

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