Tesla to invest $3.6 Billion in its gigafactory in Nevada, plans to add 3000 new team members
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Elon Musk-owned Tesla has announced that it will be investing over $3.6 billion more to continue growing its Gigafactory in Nevada in the US, and will also add 3,000 new members to the team. The company also said that it will add two new factories -- a 100 GWh 4680 cell factory (with a capacity to produce enough batteries for 1.5 million light-duty vehicles annually), as well as its first high-volume Semi factory.