Tesla has confirmed a $3.6 billion expansion of its Nevada battery “Gigafactory” that the company claims will supply over one million EVs annually.
The investment will add 3,000 new jobs and two new factories at the Sparks, Nevada, site, Tesla said in what reads as a press release—with a few more details confirmed as part of Tesla’s quarterly financial call Wednesday.
One factory will be the first high-volume plant dedicated to producing batteries for the Tesla Semi, while the other will produce 4680-format battery cells, enough to supply 1.5 million light-duty vehicles annually.
Tesla Semi (Courtesy of Tesla, Inc.)
If Tesla can achieve that manufacturing capacity for its $3.6 billion investment, will almost certainly be the most efficient battery plant project ever, in terms of money spent compared to factory output.
“If you look at the size of Giga Nevada that is allocated to…
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