Tesla’s $3.6 Billion Expansion Plans At Giga Nevada

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Tesla’s $3.6 Billion Expansion Plans At Giga Nevada
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Operations at Tesla’s Sparks, Nevada plant are set to grow substantially in the coming years, with the company recently sharing plans

Operations at Tesla’s Sparks, Nevada, plant — its first gigafactory — are set to grow substantially in the coming years, with the company recently sharing plans to add two new factories. The Tesla factory has been a key producer of Tesla’s automotive batteries throughout the last several years, and soon it will also be a major producer of theTesla has announced plans to spend as much as $3.6 billion in expansions at Gigafactory Nevada, as detailed byin recent weeks.

It’s not yet clear when the construction projects will begin, nor how long they’re expected to last. The battery cell factory will produce 100 GWh of battery cells per year, or “enough batteries for 2 million light-duty vehicles annually,” according to Tesla. In 2022, Tesla said it delivered roughly 1.31 million vehicles and most analysts forecast Tesla to deliver around 1.92 million vehicles in 2023.

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