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Tesla plans to spend another $3.6 billion on manufacturing in Nevada

Aerial view of the Tesla Gigafactory near Sparks, Nevada.

Bob Strong | Reuters

Tesla plans to spend another $3.6 billion to expand its battery and heavy-duty vehicle operations in Nevada. the company said on Tuesday in social networks.

According to his public statements, Tesla ultimately intends to hire another 3,000 people at two new sites.

It wasn’t immediately clear if Tesla’s plans would expand the company’s manufacturing facility beyond the property it’s already developing outside of Reno in Sparks, Nevada.

Tesla said in a statement that its new facilities will include a 100 GWh battery plant, where the company expects to be able to produce battery cells for 2 million light-duty vehicles a year, as well as a high-volume plant where it will eventually will produce its products. Heavy duty, all-electric class 8 truck, Tesla Semi.

Tesla began building its first battery plant in Nevada in 2014. Today he manages this plant together with a key element supplier, co-lessor and co-investor of the plant, Panasonic. The sprawling factory is known as GF1, Giga Nevada, or the original Tesla Gigafactory. It primarily manufactures and supplies high-voltage batteries to Tesla’s Fremont, California car assembly plant.

Republican Nevada Gov. Joe Lombardo revealed details of Tesla’s plans to expand the state early Monday. Tesla confirmed the plans on Tuesday ahead of its fourth quarter earnings report, which is scheduled for Wednesday after markets close.

In December, Tesla CEO Elon Musk held a ceremony in Nevada to begin deliveries of the Tesla Semi to a key first customer. PepsiCo. Tesla first announced its plans for the Semi in 2017, with production scheduled to begin in 2019, which has been delayed to 2022. The company does not yet produce large volumes of Semi trucks, but it does produce some at the Gigafactory in Nevada.

Tesla fans and critics post images Tesla Semi trucks are adorned with the Pepsi Frito Lay logo. they saw on the road after that announcement, including some broken ones on the shoulder.

Tesla has yet to publicly reveal how much each truck costs, nor did it reveal how much it made or sold in its fourth-quarter shipments report.

The company is expected to share more details about its Semi program in its fourth-quarter earnings report.




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