Tech

Tesla will invest 717 million dollars in the modernization of the factory in Texas

The American Tesla car manufacturer intends to spend 717 million dollars on constructing additional facilities at the Texas factory. MarketWatch writes about this, referring to the company's documents.

Tesla expects to increase the area of the factory by 130 thousand square meters, after which the total size of the enterprise will reach 520 thousand square meters. In particular, a new battery testing laboratory will be built. It is also planned to expand the production area.

The work can start in January and will be completed in February 2024.