Tesla plans $3.6 bln Nevada expansion to make Semi truck, battery cells

  • 📰 Reuters
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

Tesla Inc said on Tuesday it would invest more than $3.6 billion to expand its Nevada Gigafactory complex with two new factories, one to mass produce its long-delayed Semi electric truck and the other to make its new 4680 battery cell.

A view shows the Tesla logo on the hood of a car in Oslo, Norway Nov. 10, 2022. REUTERS/Victoria Klestysaid on Tuesday it would invest more than $3.6 billion to expand its Nevada Gigafactory complex with two new factories, one to mass produce its long-delayed Semi electric truck and the other to make its new 4680 battery cell.

The cell plant would be able to make enough batteries for 2 million light-duty vehicles annually, including batteries using the 4680-type cell. The 4680 is key to Tesla meeting a goal of halving battery costs and ramping up battery production nearly 100-fold by 2030. Together, the facilities will employ about 3,000 people, extending the electric vehicle maker's complex east of Reno, where it runs a battery joint venture with Japan's Panasonic CorpPanasonic currently supplies cells to the gigafactory, and Tesla assembles them into battery packs there.

Tesla has struggled to ramp up production of the 4680 at its factories in Fremont, California, and Austin, Texas.the dry-coating technique used to produce the bigger cells in these batteries is new and unproven and the company has been having trouble scaling up manufacturing to the point where the big cost savings kick in.

The move suggests Tesla is finally committing to large-scale production of the Semi, which was initially supposed to begin rolling out of factory doors in 2019. Tesla made the first Semi deliveries in December to PepsiCoOther customers that have ordered Semis include Brewer Anheuser-Busch

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

And what/where are they going to place their refuse? Remember it is ecologically dangerous!

Hydrogen is the future of heavy transport. Musk should cooperate with companies like Ballard or Plug Power instead of using batteries.

Trucks will be powered by hydrogen in future, not batteries. Musk is on the wrong path.

ItWasACoup Elon plans to spend his way out of debt

lol. bookmarked

Too bad they can’t make water.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla To Announce $3.5B Nevada Plant For The Semi Today: GovernorLombardo said Tesla will build 'a brand new $3.5 Billion-dollar advanced manufacturing facility in northern Nevada for the company's all-electric semi-trucks.' So twitter is worth 11 semi truck plants. And you can't even do anything with it. By my count that's 4 new plants they've 'announced'in the last quarter. All without buying land or starting construction... L.Ron must be getting set to pump and dump more stock to pay fines, rent, interest, and the blue bird!
Source: InsideEVs - 🏆 579. / 51 Read more »

Tesla’s new $3.6 billion Nevada investment includes a ‘high-volume’ Semi factoryTesla wants to make more Semis. Tired of being stuck in the same place? Ready to leave the past behind and embark on a life-altering adventure around the world? Holding out for Toyota to release an elective Rav 4 🙏 In the desert with no Water. So smart.
Source: verge - 🏆 94. / 67 Read more »

Tesla says it plans $3.6 billion expansion of Nevada gigafactoryIn a blog post Tuesday, Tesla said the expansion will include two new factories, one for battery cells and one to mass produce its Semi electric truck, and will add 3,000 jobs.
Source: MarketWatch - 🏆 3. / 97 Read more »

Tesla Set to Announce $3.5 Billion Manufacturing Plant in NevadaNevada's governor has said Tesla is planning to bring a new facility into the state where its electric semi-truck will be built.
Source: CARandDRIVER - 🏆 576. / 51 Read more »

Tesla earnings will be 'most important' in history, Tesla bull saysTesla is slated to report fourth-quarter earnings after the bell Wednesday, and a known Tesla bull is calling the report "one of the most important in... Boycott Tesla Wow! $1.13? Things are really bad for Tesla!
Source: MarketWatch - 🏆 3. / 97 Read more »

Elon Musk: Google’s Alphabet had ‘standing interest’ in buying TeslaGoogle’s parent Alphabet Inc. had a “standing interest” in buying Tesla Inc. Chief Executive Elon Musk said in court Monday, referring to an earlier... yeah, so did I but the numbers didn't add up. Should’ve, would’ve, could’ve. Move on
Source: MarketWatch - 🏆 3. / 97 Read more »