Tesla invests $3.6B in two new Nevada factories to build Semis and cells

Tesla is expanding its gigafactory in Nevada, earmarking $3.6 billion for the expansion.

The Electric Vehicle company has confirmed White House reports and will be building a 100-gigawatt-hour battery cell factory and Tesla’s first high-volume Semi truck factory.

The two new factories should take up a combined 4 million square feet of space and will be built east of Sparks at the Tahoe-Reno Industrial Center.

The new factory is expected to deliver Semis at high volume. In December, Tesla revealed the first production versions of its long-delayed electric Semi during an event at the company’s gigafactory in Sparks.

Tesla said that the new cell factory will produce Tesla’s 4680-type cylindrical lithium-ion battery cells with capacity to produce enough batteries for 2 million light-duty vehicles annually.

Since its $3.5 billion investment into its first gigafactory in Sparks in 2014, Tesla has invested a total of $6.2 billion in Nevada, building a 5.4-million-square-foot facility that has produced 3.6 million drive units, 1.5 million battery packs and 7.3 billion battery cells.

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