Investments in the millions are to flow into the factory.
(Photo: IMAGO/ZUMA Wire)
Bangalore Tesla is planning a multi-million dollar expansion of its new Gigafactory in Texas. The electric car maker has submitted an application to the responsible authority of the US state, which provides for an investment of almost 776 million dollars in the factory, according to an application on Tuesday.
Five additional systems are planned. This also includes a test laboratory. Tesla was initially unable to comment. In December, the online magazine reported that Tesla wanted to significantly increase production of its Model Y vehicle in Texas this year.
Tesla is expected to hold its investor day at the plant on March 1 and announce its plans for the expansion.
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