Tesla invests $3.6B in two new Nevada factories to build Semis and cells
Tesla is investing $3.6 billion in two new factories in Nevada, one to produce electric semi-trucks and the other to make batteries for those trucks and for the company’s Powerwall home battery system.
The two new factories are part of Tesla’s plan to increase production of its semi-trucks and batteries. The company says it has already received over 200 orders for the trucks, which are not yet in production.
Tesla says the new factories will create about 3,000 jobs.
The first factory will be built at the Tahoe-Reno Industrial Center, northeast of Reno. The second will be built at the Reno Stead Airport, north of Reno.
Both factories are expected to be operational by the end of 2020.
Tesla invests $3.6B in two new Nevada factories to build Semis and cells
Tesla is investing in two new factories in Nevada
Tesla has announced that it is investing $3.6 billion in two new factories in Nevada. One factory will be used to produce batteries for Tesla’s electric vehicles, and the other will be used to produce semi-trucks. Tesla says that the new factories will create more than 10,000 jobs.
The announcement comes just a few months after Tesla revealed its plans to produce a semi-truck. Tesla says that the semi-truck will be able to travel 500 miles on a single charge, and that it will be cheaper to operate than a diesel truck.
The new factories will be located near Tesla’s existing Gigafactory, which is also in Nevada. The Gigafactory is the largest battery factory in the world, and it has been instrumental in helping Tesla to ramp up production of its electric vehicles.
With the new factories, Tesla will be able to produce even more electric vehicles and batteries. Tesla says that it plans to produce 500,000 cars per year by 2018, and that it will need batteries for all of those cars. By producing its own batteries, Tesla will be able to save money and ensure that it has a sufficient supply of batteries.
The new factories are a good sign for the state of Nevada. Tesla’s Gigafactory has already had a positive impact on the state’s economy, and the new factories will only add to that. Tesla’s presence in Nevada is a good example of how investing in clean energy can create jobs and boost the economy.
Tesla invests $3.6B in two new Nevada factories to build Semis and cells
Electric car maker Tesla Inc. said on Wednesday it would build its new Cybertruck and Semi electric vehicles at a factory in Nevada.
The company said it would invest $3.6 billion in two new Factories in the state. One will be dedicated to Semi production, while the other will make batteries and powertrains for both the Semi and the Cybertruck.
Tesla has been trying to ramp up production of its electric vehicles, but has faced difficulties with its batteries and powertrains. The new factories will allow it to vertically integrate its production and control costs.
The move is also a bet on the future of electric trucks, which are still a small part of the market but are expected to grow as governments move to cut emissions.
Tesla is expected to start production of the Semi in 2020 and the Cybertruck in 2021. Both vehicles are currently in the prototype phase.