: Tesla says it plans $3.6 billion expansion of Nevada gigafactory

by | Jan 24, 2023 | Stock Market

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…

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