Tesla Confirms $3.6 Billion Investment in Giga Nevada Facility

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.Tesla confirms $3.6 billion investment in Giga Nevada facility:

In his inaugural State of the State address on January 23, Nevada Governor Joe Lombardo brought up a new investment from Tesla to be announced this week.

The next day, Tesla confirmed Lombardo's statement that the Tesla Semi is set to be produced at the new facility, along with a new 100.0-GWh 4680 battery. Lombardo also said the manufacturing plant will be built in northern Nevada and cost an estimated $3.5 billionTesla is expected to build a new manufacturing facility in Nevada that will produce its electric semi-truck. While Tesla didn't officially announce the plans until Tuesday evening, Nevada Governor Joe Lombardo mentioned the deal Monday night, January 23, during his State of the State address.Lombardo said the new facility is planned to be built in northern Nevada.

 

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