Tesla to Invest Over $3.6 Bln to Build Two New Factories in Nevada

Reuters2023-01-25

Jan 24 (Reuters) - Tesla Inc said on Tuesday it would invest more than $3.6 billion to build two new factories in the U.S. state of Nevada, including the first facility to mass produce its Semi electric heavy-duty truck.

The other factory will be dedicated to battery production and will have the capacity to make enough batteries for 2 million light-duty vehicles annually.

Together, the plants will employ about 3,000 people.

Unveiled in 2017, the Semi was initially expected to go into production in 2019 but its first delivery was delayed to December, when Chief Executive Elon Musk handed a vehicle to PepsiCo. The move marked Tesla's first foray into the trucking business.

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Comments

SNeo
2023-01-25
SNeo
[OK]
Meow3
2023-01-25
Meow3
Nice to know !
Deonc
2023-01-25
Deonc
Ok
Singman
2023-01-25
Singman
Like
Chris68
2023-01-25
Chris68
Ok

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