Tesla will invest an additional $3.6 billion in Nevada to continue growing Gigafactory Nevada with two new factories: a 100 GWh 4680 cell (earlier post) factory (with capacity to produce enough batteries for 1.5 million light duty vehicles annually), as well as its first high-volume Semi factory.

Semi is Tesla’s fully electric Class 8 tractor, with 500 miles of range and energy consumption of less than 2 KWh per mile.

In 2014, Tesla committed to invest $3.5 billion in Nevada for its first Gigafactory, targeted at 35 GWh of battery cells annually—enough to manufacture about 500,000 vehicles per year.

Since then, Tesla has invested $6.2 billion in Nevada and built a 5.4 million square foot Gigafactory. To date, the team at Gigafactory Nevada has produced:

• 7.3 billion battery cells (37 GWh+ annually)

• 1.5 million battery packs

• 3.6 million drive units

• 1 million energy modules (14 GWh+ total)