Wall Street stock Tesla: First high-volume semi-factory – Tesla expands gigafactory in Nevada

• Tesla location in Nevada is being expanded
• $3.6 billion investment
• Production of Semi and 4680 battery cells planned

In its Gigafactory 1 in Reno in the US state of Nevada, Tesla has so far primarily produced the 2170 battery cells for the Model S and X in cooperation with Panasonic. In addition, the Semi is also produced in Nevada near Gigafactory 1 in previously small numbers , from which the first vehicles were delivered in December. Now, however, this production is to be ramped up significantly.

Billion investment in Tesla Gigafactory

As Tesla announced at the end of January, 3.6 billion dollars are to be invested in the existing location in Nevada in order to build two new production facilities there. In this context, 3,000 new jobs are to be created. Tesla currently has 11,000 employees there.

The Gigafactory, which currently has the shape of a giant L, is apparently to be enlarged and ultimately given the shape of a rectangle with beveled corners. Tesla’s first production facility, in which the electric trucks will be manufactured in large numbers, is then to be built under the joint roof of the enlarged plant. This emerges from a video released by Tesla, in which the CEO Elon Musk commented on the plans. However, the billionaire left open how many semis are to roll off the assembly line in Nevada in the future, as well as his schedule for this.

The Semi was officially presented for the first time in 2017. Originally, the electric truck was supposed to come onto the market in 2019, but as on other occasions, it turned out that Elon Musk’s plan was too ambitious.

Also 4680 battery production planned

Tesla is also planning a new production facility for its own 4680 format batteries in the Gigafactory. This latest generation of Tesla’s battery cells is cheaper and more efficient than the previous ones.

Here, too, Tesla kept a low profile on its schedule, but announced that it would aim for an annual capacity of 100 gigawatt hours (GWh), which should be enough for the batteries of 1.5 million light duty vehicles (light commercial vehicles) per year. Thus, these cells are not intended for the semi, since this is a heavy commercial vehicle.

So far, Tesla has only produced small numbers of the cylindrical battery cells with a diameter of 46 mm and a height of 80 mm in California. However, Musk does not want to stop at the announced 100 gigawatt hours of additional batteries per year. In his speech he spoke of further phases with 500, 1,000 and possibly even 2,000 to 3,000 GWh.

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Image Credits: Alexis Georgeson / Tesla Motors, Nadezda Murmakova / Shutterstock.com



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