Tesla is going to be spending $716 million to expand the Gigafactory in Texas.
Tesla’s Gigafactory Texas facility is set to expand by 1.4 million square feet as the automaker filed over $716 million in new projects at the site.
Tesla filed for four new projects on January 9, according to filings with the Texas Department of Licensing and Regulation. The projects are filed separately because they will expand four different facilities, the filings show. Tesla registered the projects to “Cell 1,” “Drive Unit,” “Cathode,” and “Cell Test Lab.”
According to the Austin Business Review
(paywalled), which initially spotted the filings, the projects will provide Tesla with 1.4 million additional square feet on-site at Gigafactory Texas, and construction could start as soon as the end of the month.
The total cost for the four new facilities is $716,700,000, with the bulk of the expenditure coming from the construction of the “Cell 1” facility, which is set to cost $368,000,000. The Cathode building is $216,000,000, while the Drive Unit and Cell Test Lab buildings will cost $85,000,000 and $3,700,000, respectively.
Tesla filed the projects
as “New Construction.”
Tesla has been planning to build a cell facility at Gigafactory Texas for some time. Tesla filed to build a Cathode plant at Gigafactory Texas in February 2022, filings with Travis County showed.