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.




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