Tesla Stock Gained 2% after Filing for $776 Mln Expansion of Texas Gigafactory

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Tesla Stock Gained 2% after Filing for $776 Mln Expansion of Texas Gigafactory

Tiger Newspress2023-01-11

Tesla stock gained 2% after filing for $776 mln expansion of Texas gigafactory.Tesla Inc has applied to expand its gigafactory in Austin, Texas, with an investment totaling $775.7 million, according to filings on the Texas state department of licensing's website on Monday and Tuesday.

The electric vehicle maker plans to add five new facilities, including a cell test lab and a unit named "Cathode", the filings showed.

Tesla did not immediately respond to a Reuters request for comment.

The company is expected to host its investor day on March 1 at the Austin facility and will likely disclose plans for expansion and capital allocation.

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Miker9110
·2023-01-14
K
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NickHow
·2023-01-12
Cool
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NPC69
·2023-01-11
K
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SNeo
·2023-01-11
[What]
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Aeron2020
·2023-01-11
ok
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- Zeruel:
  😂
  2023-01-12
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- Aeron2020:
  [Duh]
  2023-01-11
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shuzyst
·2023-01-11
Ok
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Bodoh
·2023-01-11
Awesome
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- shuzyst:
  o
  2023-01-11
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KYBoo
·2023-01-11
Bb
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- KYBoo:
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BeRich
·2023-01-11
Ok
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Miker9110
·2023-01-11
K
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LimBT
·2023-01-11
EV market very good ahead
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hitithard
·2023-01-11
Warm
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