Tesla, the American electric vehicle and clean energy company, announced plans to invest an additional $3.6 billion in its Gigafactory Nevada to continue growing the facility. As part of the investment, the company will add 3,000 new team members and construct two new factories: a 100 GWh 4680 cell factory, which will have the capacity to produce enough batteries for 1.5 million light-duty vehicles annually, and the company’s first high-volume Semi factory. The Semi is Tesla’s fully electric combination truck, with a range of 500 miles and energy consumption of less than 2 KWh per mile.
The investment in Gigafactory Nevada is part of Tesla’s ongoing commitment to sustainable energy. In 2014, the company made a commitment to invest $3.5 billion in Nevada to build a facility capable of producing 35 GWh of battery cells annually, enough to manufacture about 500,000 vehicles per year. This level of battery manufacturing was unprecedented for a single facility at the time, with the expected output being greater than all global battery production in 2013 combined.
Since 2014, Tesla has invested $6.2 billion in Nevada and built a 5.4 million square foot Gigafactory, providing 17,000 local construction jobs. The team at the Gigafactory Nevada has successfully 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). To date, the company has directly hired more than 11,000 team members.
The expansion of the Gigafactory Nevada is a significant step forward in Tesla’s mission to accelerate the world’s transition to sustainable energy. The company’s commitment to Nevada, its team members, and the local community has been instrumental in making this possible.
