Tesla to invest $3.6 bn for 2 factories at Nevada complex

Tesla Inc said on Tuesday it would invest over $3.6 billion to expand its Nevada Gigafactory complex with two new factories. The two factories will mass produce its Semi electric truck and its new 4680 battery cell, respectively. The cell plant would be able to make enough batteries for 2 million light-duty vehicles annually, including batteries using the 4680-type cell.