Tesla Gigafactory in Nevada
Tesla announced billions of dollars of investment in its Nevada Gigafactory, which makes battery packs for Tesla's EVs.
  • Tesla is pouring additional resources into its Nevada battery factory as it looks to ramp up production. 
  • The company's $3.6B investment will add 3,000 jobs and 4 million square feet to its manufacturing footprint.
  • Elon Musk has set a goal for Tesla to deliver 20 million cars annually by 2030.

Tesla is pouring more resources into its Nevada Gigafactory, according to a company announcement. 

The EV maker said Tuesday it plans to invest $3.6 billion, add 3,000 additional jobs, and build two factories at Tesla's facility just outside Sparks, Nevada.