Business > Development

Tesla plans $3.6B expansion in Nevada

1 month ago   |   By The Real Deal New York

For electric vehicle manufacturer Tesla, not everything is about shareholder lawsuits and controversies surrounding its mercurial owner, Elon Musk. The company announced last week that it's investing more than $3.6 billion to expand its Nevada manufacturing facility, including a factory to mass produce its Semi electric truck, the Wall Street Journal reported. The expansion will include a new factory for its battery - to the tune of batteries for 2 million light-duty vehicles annually
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