Musk's impulsive and sometimes inflammatory usage of Twitter took center stage as proceedings continued Wednesday in the lawsuit alleging he misled Tesla shareholders in 2018 with a tweet about an aborted buyout.
Mitch Landrieu, President Joe Biden’s infrastructure chief, said on Tuesday Tesla's additional investment in Nevada is proof of a continued “manufacturing boom” since Biden took office two years ago. He said the expansion would create 3,000 jobs in Nevada while promoting clean energy and strengthening U.S. security.
Lombardo tweeted a photo late Tuesday of himself with Musk at Tesla’s “Gigafactory” in the industrial park east of Reno-Sparks, where it makes batteries for electric vehicles.
“This is an incredible investment in our state,” Lombardo wrote.
Elizabeth Ray, the governor’s communications director, confirmed the photo’s authenticity and clarified in an email to The Associated Press the new investment was for an “expansion of the existing space” at the Truckee-Reno center.
Tesla’s statement on its blog site late Tuesday said that since 2014 the company has invested $6.2 billion in Nevada and built the 5.4-million-square-foot (501,676-square-meter) “Gigafactory.”
“We will be investing over $3.6 billion more to continue growing Gigafactory Nevada, adding 3,000 new team members and two new factories,” the company said, adding that it would include its “first high-volume Semi factory.”
Tesla delivered its first electric semis to a PepsiCo facility in Nevada in December, more than three years after Musk said his company would start making the trucks.
At a November 2017 event unveiling the Tesla Semi, Musk said production would begin in 2019 and the trucks would be able to follow each other autonomously in a convoy. But during Tesla’s third-quarter earnings conference call in October, he said the company’s “Full Self Driving” system was not quite ready to be driverless.
The truck has a range per charge of 500 miles (800 kilometers) when pulling an 82,000-pound (37,000-kilogram) load, Musk said.
The Austin, Texas, maker of electric vehicles and solar panels said on Wednesday it earned $3.69 billion from October through December, or an adjusted $1.19 per share. That beat estimates of $1.13 that had been reduced by analysts, according to FactSet. The company’s profit was 59% more than the same period a year ago.
Revenue for the quarter was $24.32 billion, which fell short of the $24.67 billion analysts expected.
Musk said that despite price cuts of up to 20% on some vehicles announced earlier this month, demand for Tesla products is strong and sales are constrained by production.
AP Auto Writer Tom Krisher in Detroit and AP Technology Writer Michael Liedtke in San Francisco contributed to this report.