LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Tesla applies for massive $700 million expansion of Gigafactory Texas

Robert Frost by Robert Frost
January 10, 2023
in Industries
Tesla applies for massive 0 million expansion of Gigafactory Texas
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter



Tesla has applied with the Texas state department of licensing for a massive $700 million expansion of Gigafactory Texas in Austin.

Gigafactory Texas is already a monstrously big factory. That becomes clear as you drive along it, which takes a while because it is almost a mile long.

You might also like

Tesla AI5 is late, Canada gets Chinese cars, and EV beats diesel in extreme cold

This new entry-level EV will replace Hyundai’s top-selling hatchback

Queens and Long Island are getting 80 new DC fast charging ports

Tesla is already producing Model Y vehicles at the factory, but the production lines are taking a small portion of the giant plant.

The automaker plans to add Cybertruck production in the existing facility and it has talked about expanding for future production of vehicle programs and battery production.

Today, we learn that Tesla filed for an expansion of the factory with the Texas Department of Licensing and Regulation yesterday.

The expansion includes a $717 million construction investment for an additional 1.4 million square-feet of space. In usual Tesla fashion, the company plans to move fast with construction starting as soon as the end of the month.

The Austin Business Journal listed the four projects as part of the expansion:

  • The largest of the four projects is for a 693,093-square-foot facility called Cell 1. That project also carries the largest price tag with an estimated cost of $368 million. Construction on the project is expected to begin Jan. 23 and complete Feb. 12, 2024.
  • The project with the next-largest footprint is called Drive Unit and will be 423,032 square feet. That project has an estimated cost of $85 million. Construction is expected to begin Feb. 6 and complete Jan. 15, 2024.
  • Cathode would be the third-largest project at 321,186 square feet, but the second-most expensive at $260 million. That project has a start date of Jan. 30 and a completion date of Dec. 18. However,
  • The smallest of the four projects is Cell Test Lab, which will be just 2,560 square feet — a bit bigger than the average Starbucks — and cost an estimated $3.7 million. That project has a start date of Jan. 30 and a completion date of Aug. 25.

However, some of those expansion filings can be supplemental to previous plans.

For example, the Cathode plant is already under construction according to recent drone flyovers of the construction site. In the filings, Tesla writes that the projects are for new construction for “ground up and complete interior finish out of the [electric vehicle] manufacturing facility.”

Future products that are expected to eventually be built at the Gigafactory Texas site include Tesla Bot, the company’s humanoid robot, Tesla Semi, and its upcoming vehicles built on the Gen 3 vehicle platform.

FTC: We use income earning auto affiliate links. More.



Source link

Share30Tweet19
Previous Post

How the U.S. will generate its power in 2050 and the stocks that will benefit, according to Wells Fargo

Next Post

Polestar blasts Toyota’s EV strategy, saying ‘we cannot continue using fossil fuels’

Robert Frost

Robert Frost

Jutawantoto Jutawantoto Jutawantoto Jutawantoto Berita Terbaru Hari

Recommended For You

Tesla AI5 is late, Canada gets Chinese cars, and EV beats diesel in extreme cold
Industries

Tesla AI5 is late, Canada gets Chinese cars, and EV beats diesel in extreme cold

January 20, 2026
This new entry-level EV will replace Hyundai’s top-selling hatchback
Industries

This new entry-level EV will replace Hyundai’s top-selling hatchback

January 20, 2026
Queens and Long Island are getting 80 new DC fast charging ports
Industries

Queens and Long Island are getting 80 new DC fast charging ports

January 20, 2026
Another alliance of health care and AI signals why pharma stocks should be back in favor
Industries

Another alliance of health care and AI signals why pharma stocks should be back in favor

January 20, 2026
Next Post
Polestar blasts Toyota’s EV strategy, saying ‘we cannot continue using fossil fuels’

Polestar blasts Toyota’s EV strategy, saying 'we cannot continue using fossil fuels'

Related News

FDA approves Eli Lilly’s weight loss drug Zepbound for sleep apnea, expanding use in U.S.

FDA approves Eli Lilly’s weight loss drug Zepbound for sleep apnea, expanding use in U.S.

December 20, 2024
This under-the-radar A.I. play is up triple digits. Rosenblatt predicts more upside ahead in this ‘mother of all cycles’

This under-the-radar A.I. play is up triple digits. Rosenblatt predicts more upside ahead in this ‘mother of all cycles’

June 8, 2023
Ford F-150 Lightning and Mustang Mach-E drivers just gained Google Maps EV routing

Ford F-150 Lightning and Mustang Mach-E drivers just gained Google Maps EV routing

October 28, 2024

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • jutawantoto
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?