Tesla says it plans $3.6 billion expansion of Nevada gigafactory

Published: Jan. 24, 2023 at 8:11 p.m. ET A sign marks the entrance to the Tesla gigafactory in Sparks, Nev., in this 2018 file photo. Associated Press Tesla Inc. said Tuesday it plans to spend $3.6 billion to expand its Sparks, Nev., gigafactory where it currently makes batteries and electric-vehicle parts. The announcement came a

Financial Press

Published

January 25, 2023

tesla-says-it-plans-$3.6-billion-expansion-of-nevada-gigafactory

Published: Jan. 24, 2023 at 8:11 p.m. ET

A sign marks the entrance to the Tesla gigafactory in Sparks, Nev., in this 2018 file photo.

Associated Press

Tesla Inc. said Tuesday it plans to spend $3.6 billion to expand its Sparks, Nev., gigafactory where it currently makes batteries and electric-vehicle parts.

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.

See…

In this article:Featured, top stories

Stocks

BlackBerry, Oracle, Kroger are stocks to watch

SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Thursday’s session are BlackBerry Ltd., Oracle Corp., and...

Financial PressDecember 21, 2022

piedmont-lithium-adds-two-new-directors-to-board;-stock-soars

Mining

Piedmont Lithium adds two new directors to board; stock soars

NAL spodumene concentrate production remains targeted for H1 2023 with revenue potential in Q3 2023. Credit: Piedmont Piedmont Lithium (Nasdaq: PLL; ASX: PLL) announced...

Financial PressJanuary 4, 2023