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Tesla invests $3.6 billion in two new Nevada factories to build Semis and cells • TechCrunch


Tesla is investing $3.6 billion to expand its existing gigafactory in Nevada. Confirming reports from the White House earlier today, the company announced it would build two new production facilities in the state – a 100-gigawatt-hour battery cell plant and the world’s first large-scale tractor-trailer plant. volume of Tesla.

Occupying a combined 4 million square feet of space, the new factories will span Tesla’s existing gigafactory in Nevada, which houses Model 3 electric motors and batteries, as well as Tesla’s Powerwall and Energy Storage products. power pack. The facilities will be built east of Sparks in the industrial heartland of Tahoe-Reno.

In December, Tesla finally unveiled the first production versions of its long-delayed electric Semi at an event at the company’s gigafactory in Sparks, where the first Semis were handed over to Pepsi, Tesla’s first Semi customer. . The new factory is expected to deliver high-volume Seedlings.

The new cell plant will produce Tesla’s Type 4680 cylindrical lithium-ion battery cells with the capacity to produce enough batteries for 2 million light-duty vehicles a year, the company said.

The news comes a day before Tesla is to share its fourth quarter and full year 2022 results, in which Tesla is expected to address missed fourth quarter delivery estimates, the effects of vehicle price cuts on margins and may -even being to claim CEO Elon Musk was distracted by his overhaul of social media company Twitter. Musk is also in the midst of a securities fraud trial over his infamous 2018 “secured funding” tweet to take Tesla private, which ultimately didn’t happen.

Tesla’s latest capital push into Nevada reflects its $3.5 billion investment in its first gigafactory in Sparks in 2014. Since then, the company has invested a total of $6.2 billion in Nevada, building a facility of 5.4 million square feet that produced 3.6 million drive units, 1.5 million batteries and 7.3 billion battery cells, according to Tesla. The company said the new facilities will create 3,000 jobs in the region.

Tesla did not say when it expects to begin work on the new factories, or when it plans to begin production of cells and semiconductors. It’s likely cells produced there will go straight into Semis, since Musk previously said supply chain challenges and limited battery cell availability contributed to the truck’s multiple production delays. Musk originally introduced a prototype Class 8 electric truck in 2017 and planned to start production in December 2019, but Tesla only managed to start producing Semis in October 2022.


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