Tesla will invest 36 billion to build new plants in

Tesla will invest $3.6 billion to build new plants in Nevada, which will produce 4680 batteries and semi-trucks

On the eve of the publication of ambiguous quarterly reports, companies prefer to announce plans that can positively influence investor sentiment. Perhaps Tesla is also guided by such considerations, which a day before the publication of the quarterly reports announcedwhich will invest $3.6 billion to expand manufacturing in Nevada, increase traction battery production and assemble semi-electric trucks.

    Image source: Tesla

Image source: Tesla

Recall that Tesla started building the first Gigafactory-class company in 2014 with the participation of Panasonic, which still serves as one of the investors. At the time, it was estimated that $3.5 billion would be spent to build a Nevada company capable of producing 35 GW‧h of traction batteries annually, while creating 6,500 jobs. In reality, with a workforce of around 11,000 employees and a total investment of US$6.2 billion, the company has achieved the production of batteries with a total capacity of 37 GW‧h annually, and a total of 17,000 other people have helped build the company.

Since its inception, the Nevada Gigafactory has produced 7.3 million battery cells, 1.5 million commercial batteries and 3.6 million electric vehicle power plants and 1 million stationary power storage units with a total capacity of over 14 GWh.

Another $3.6 billion was announced this week to expand its traction battery business in Nevada and to mass assemble Tesla semi trucks, which have been in small-batch production here since last quarter. According to Tesla, Nevada will house the first dedicated semi-trailer assembly facility. They are also said to be assembled in Texas, and how that will combine with the new Tesla solution is not specified.

In Nevada, Tesla’s workforce will grow by an additional 3,000 employees, with a dedicated 4,680 lithium battery facility capable of producing 100 GWh of batteries per year in terms of total capacity. That should be enough to equip two million electric passenger vehicles with batteries every year. How this decision will affect Tesla’s intentions to expand production of 4680 batteries in Texas has not yet been specified.

Exactly how the two new facilities will be located in relation to the existing ones is not disclosed, but judging from the computer sketch above there is ample space adjacent to the existing L-shaped building for new production lines to be located. This allows the entire complex to take the form of a parallelepiped with beveled corners and solar panels installed on the roof.

About the author

Dylan Harris

Dylan Harris is fascinated by tests and reviews of computer hardware.

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