Tesla says it plans $3.6 billion expansion of Nevada gigafactory

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In a blog post Tuesday, Tesla said the expansion will include two new factories, one for battery cells and one to mass produce its Semi electric truck, and will add 3,000 jobs.

In a blog post Tuesday, Tesla said the expansion will include two new factories, one for battery cells and one to mass produce its Semi electric truck, and…

Tesla Inc.: Dan Mihalascu For a long time, it was assumed that Tesla Semi production would eventually move to the Giga Texas plant after low-volume manufacturing began in late 2022 at a private site near its Gigafactory Nevada facility.By Published: Jan 24, 2023 Tesla In his inaugural State of the State address, Nevada Governor Joe Lombardo announced a new Tesla plant to be unveiled sometime today.Published Tue, Jan 24 2023 8:41 AM EST WATCH LIVE Here are Tuesday’s biggest calls on Wall Street: Morgan Stanley reiterates Apple as overweight Morgan Stanley said it’s standing by it’s overweight rating on Apple shares heading into earnings on Feb.

said Tuesday it plans to spend $3.6 billion to expand its Sparks, Nev.5 billion plant in northern Nevada for the Semi Class 8 electric truck is imminent., gigafactory where it currently makes batteries and electric-vehicle parts.5 billion.The announcement came a day before the EV maker reports crucial quarterly earnings, and after CEO Elon Musk completed his third day of testimony in a trial over shareholder losses following tweets he made in 2018 about taking Tesla private.5 billion manufacturing facility in The Silver State and will be making an official announcement today, January 24.See more: Tesla earnings will be ‘most important’ in history, Tesla bull says In a blog post Tuesday, Tesla said the expansion will include two new factories, one for battery cells and one to mass produce its Semi electric truck, and will add 3,000 jobs.” Bernstein reiterates Apple as market perform Bernstein said it’s “ambivalent” about Apple shares heading into earnings next month.

Tesla said the battery facility would have capacity to produce “enough batteries for 2 million light duty vehicles annually.” In that part of the address, Lombardo said Nevada is offering a pro-development invitation for the expansion of new business and industry.Tesla Lombardo said the new facility is planned to be built in northern Nevada.” In early January, Tesla said it delivered about 1.31 million vehicles in 2022.Case in point… I am looking forward to joining Elon Musk and the team at Tesla tomorrow when they unveil plans to build a brand new $3.Analysts expect Tesla to increase deliveries to about 1.The advanced manufacturing facility is said to be the production site for the Tesla Semi, the first batch of which was delivered to Pepsi last month.92 million in 2023.” This means Tesla CEO Elon Musk will be making an official announcement about the new investment today, likely in a ceremony that will take place at the site of the new manufacturing plant.” JPMorgan initiates Okta, Palo Alto Networks and CrowdStrike as overweight JPMorgan initiated several cyber security companies on Tuesday and said “accelerating tailwinds within the cybersecurity market are driving demand.

The company did not give a timetable for the project.Earlier this month, Tesla applied for a nearly billion-dollar expansion of its factory in Austin, Texas, according to government filings.Gigafactory Nevada is located 24 miles east of Reno in the northern part of the state.Other Tesla Semi-Related News.Tesla shares TSLA, +0.10% fell 2% in after-hours trading Tuesday, and have sunk 53% over the past 12 months, compared to the S&P 500’s SPX, -0.The new announcement expected later today may involve this new facility, namely its expansion to a full-blown assembly plant for the Semi.07% 8% decline over that time.Bernstein downgrades Advanced Micro to market perform from outperform Bernstein said it’s concerned about a deteriorating PC market.

.Stay tuned for updates as soon as the EV maker goes official with the announcement.

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Tesla To Announce $3.5B Nevada Plant For The Semi Today: GovernorLombardo said Tesla will build ‘a brand new $3.5 Billion-dollar advanced manufacturing facility in northern Nevada for the company’s all-electric semi-trucks.’ So twitter is worth 11 semi truck plants. And you can’t even do anything with it. By my count that’s 4 new plants they’ve ‘announced’in the last quarter. All without buying land or starting construction… L.Ron must be getting set to pump and dump more stock to pay fines, rent, interest, and the blue bird!

Tesla Set to Announce $3.5 Billion Manufacturing Plant in NevadaNevada’s governor has said Tesla is planning to bring a new facility into the state where its electric semi-truck will be built.

Here are Tuesday’s biggest analyst calls: Apple, Disney, Target, AMD, Tesla, Coinbase, Amazon & moreHere are Tuesday’s biggest calls on Wall Street. Boycott Tesla

Tesla earnings will be ‘most important’ in history, Tesla bull saysTesla is slated to report fourth-quarter earnings after the bell Wednesday, and a known Tesla bull is calling the report "one of the most important in… Boycott Tesla

Nevada to consider bill allowing noncitizens to serve on police forces amid staffing shortagesThe Nevada Assembly will consider a bill that would open the ranks of police officers in the state to noncitizens who are eligible to work in the U.S. and pass a background check. Awesome! Who cares ? No Non citizen is consider as a green card holder. A person who lives in Thea country legally paying taxes. What’s the big deal?

Officials air findings in Nevada shooting that left 4 deadAuthorities in Nevada aired the results of the investigation of the November 2020 police killing of a man in a vehicle after he shot two women dead in an apartment, wounded a teenage girl and abducted a 12-year-old boy who died in gunfire as police approached their vehicle

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