Tesla Nevada Manufacturing Complex: Invests $3.6 Bln To Expand Nevada Complex With Two Factories

Tesla Inc said it would invest more than 3.6 billion to expand its Nevada manufacturing complex with two new factories, including the first facility to mass produce its long-delayed semi electric truck.

The other factory will make new battery cells, called 4680, and have the capacity to make enough batteries for 2 million light-duty vehicles annually. Together, the plants will employ about 3,000 people.

The Elon Musk-led company's existing complex in the city of sparks makes lithium-ion batteries, vehicle parts and other products such as POWERWALL, a power backup system for consumers