Tesla files for over $700 million expansion of Texas gigafactory – Electrek

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The electric vehicle maker plans to add five new facilities, including a cell test lab and a unit named “Cathode”, the filings showed.

Tesla (NASDAQ:TSLA) did not immediately respond to a Reuters request for comment.

The company is expected to host its investor day on March 1 at the Austin facility and will likely disclose plans for expansion and capital allocation.