On Tuesday 24 January, Tesla made a series of announcements regarding production capacity and operational investments. The company will invest a further USD3.6 billion to grow its Nevada production facility, bringing the cumulative investment to date in the site to USD9.6 billion. Further, the announcement included plans to construct a 100GWh annual capacity 4680 cell production facility as well as the first high-volume Tesla Semi manufacturing site. The two new factories will be located within the Nevada Gigafactory.
The full article is available to Rho Motion Members on the Membership Platform. If you are not a Member and would like to find out more, click here.
Image credit: Adobe Stock