Tesla plans $770M expansion at Texas factory

Tesla notified Texas regulators this week it plans to invest about $770 million into an expansion of its factory near Austin.
The automaker registered plans with the Texas Department of Licensing and Registration. The Austin Business Journal and CNBC were the first to report on the filings.
The filings show Tesla intends to build new facilities at the site this year, including one for battery cell testing and another manufacture cathode and drive units. Tesla also plans to build a die shop at the factory site, according to the registration.
The expansion comes less than a year from the factory

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