In 2014, Tesla made a commitment to invest $3.5 billion in Nevada with its first Gigafactory. The goal was to build a facility capable of producing 35 GWh of battery cells annually, enough to manufacture about 500,000 vehicles per year. This level of battery manufacturing was unprecedented for a single facility at the time, with the expected output being greater than all global battery production in 2013 combined. Along with other on-site vendors, Tesla planned to hire 6,500 full-time team members over the next 10 years to build and ramp up Gigafactory Nevada.
Since 2014, Tesla has invested $6.2 billion in Nevada and built a 5.4 million square foot Gigafactory, a cornerstone of its mission to accelerate the world’s transition to sustainable energy. The buildout alone provided 17,000 local construction jobs. To date, the team at Gigafactory Nevada has successfully produced 7.3 billion battery cells (37 GWh+ annually), 1.5 million battery packs, 3.6 million drive units, and 1 million energy modules (14 GWh+ total). To complete this work, Tesla directly hired more than 11,000 team members.
Tesla will be investing over $3.6 billion more to continue growing Gigafactory Nevada, adding 3,000 new team members and two new factories: a 100 GWh 4680 cell factory (with capacity to produce enough batteries for 2 million light-duty vehicles annually), as well as its first high-volume Semi factory. Semi is Tesla’s fully electric combination truck, with 500 miles of range and energy consumption of less than 2 KWh per mile.
About Tesla
Our mission is to accelerate the world’s transition to sustainable energy. With global temperatures rising, the faster we free ourselves from fossil fuel reliance and achieve a zero-emission future, the better.
In pursuit of this mission, we make electric vehicles that are not just great EVs, but the best cars, period. We also produce and install infinitely scalable clean energy generation and storage products that help our customers further decrease their environmental impact. When it comes to achieving our goals, we pride ourselves in accomplishing what others deem impossible.
