Tesla plans to invest more than $3.6 billion and hire 3,000 new employees in a massive expansion of its Nevada gigafactory. The company has announced two new production facilities: one for 4680-format battery cells and another for the series production of the Tesla Semi electric truck.
The 100 GWh 4680 cell factory will have capacity to produce enough batteries for 1.5 million light duty vehicles annually), while the Semi factory will produce Tesla’s fully electric combination truck, with 500 miles of range and energy consumption of less than 2 KWh per mile. This follows Elon Musk’s autumn of 2022 announcement of his intention to increase the production of the Semi to 50,000 units in 2024.
Both production facilities will be directly attached to the existing building, creating one huge site.
Since 2014, Tesla have invested $6.2 billion in Nevada and built a 5.4 million square foot Gigafactory, creating 17,000 local construction jobs. So far Gigafactory Nevada has produced 7.3 billion battery cells (37 GWh+ annually), 1.5 million battery packs, 3.6 million drive units, and 1 million energy modules (14 GWh+ total). Tesla increased their team by more than 11,000 team members to achieve this.