Tesla to Spend Over $770M on Texas Plant Expansion for Battery Cells and Manufacturing
EV maker Tesla has applied with the state of Texas regarding the expansion of its Austin-based gigafactory to accommodate more operations.
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EV maker Tesla has applied with the state of Texas regarding the expansion of its Austin-based gigafactory to accommodate more operations.
If approved, the expansion would add 1.4 million square feet of space to the already huge factory.
It seems Tesla is forever expanding and upgrading, even in a volatile economy where there are plenty of concerns about demand and the industry as a whole.
The projects will provide Tesla with another 1.4 million square feet on-site at Gigafactory Texas, and construction could start as soon as the end of the month.
We have a Tweet from someone who broke down what the cost of Tesla's generation 3 vehicle may be. Let's go over his numbers.