Tesla to Unveil $3.5 Billion Semi Truck Factory in Nevada, Says Governor
During Nevada Governor Joe Lombardo’s 2023 State of the State speech on Monday evening, the leader revealed Tesla is set to announce a new factory in northern Nevada on Tuesday.
Speaking about restoring Nevada’s reputation as pro-business and pro-development, Lombardo said the state is “ready to partner” to bring back economic growth.
That’s when he said, “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 $3.5 Billion-dollar advanced manufacturing facility in northern Nevada for the company’s all-electric semi-trucks.”
Tesla is set to announce its Q4 2022 earnings call on January 25, and Lombardo may have stolen the limelight from Tesla’s own announcement for this Nevada manufacturing facility.
KRNV reporter Ben Margiott tweeted out the details when Lombardo was reading from his speech this evening.
BIG: Lombardo says Tesla will reveal plans tomorrow to build a $3.5B manufacturing facility in northern Nevada for the company's all-electric semi trucks.
— Ben Margiott (@BenMargiott) January 24, 2023
“Economic development matters. I’m proud to declare that Nevada is back open for business, effective immediately,” followed up Lombardo.
Now, it’s unclear if $3.5 billion is only for Tesla Semi truck manufacturing, or if that would include cell and battery manufacturing as well.
During Tesla’s Q3 2022 earnings conference call, CEO Elon Musk said it would take one year to ramp up production and the company is aiming for 50,000 trucks annually in 2024.
Back in December, Tesla delivered its Semi truck at Giga Nevada to its first customer, PepsiCo, to be used by Frito-Lay, as recently seen in a preview of its Modesto facility. Tesla previously stated it was producing Semi at Giga Nevada, which also manufactures Megapack, Tesla’s commercial energy storage product.
…developing, refresh for updates