Tesla is planning a $770 million expansion of its Texas Gigafactory
Electric vehicle manufacturer Tesla has notified the state of Texas of its plans to spend upward of $770 million expanding its already immense Austin-based factory.
According to registration documents filed on January 9th with the Texas Department of Licensing and Regulation (via CNBC and the Austin Business Journal), Tesla intends to construct additional facilities for what appears to be a battery cell testing lab, cathode and drive unit manufacturing facilities, a die shop, and an undisclosed 693,093-square-foot facility called Cell 1.
Some of these projects are due to start construction within a matter of weeks.