Tesla said it intends to invest USD 3.6 billion to expand manufacturing capabilities in Nevada and is confident growing software-related profits, reflected in record net income reported Wednesday for the fourth quarter of last year, will keep margins higher than any other automaker. The company confirmed it plans to produce high volumes of semi-trucks and make enough cell batteries for 2 million light-duty vehicles annually in Nevada. Nevada Gov. Joe Lombardo posted a photo on Twitter of himself and CEO Elon Musk late Tuesday after the newly elected Republican announced in his first State of the State address Monday night that Tesla had committed to a brand-new" manufacturing facility for electric trucks in northern Nevada. The project actually will expand an existing operation at the Truckee Reno Industrial Centre, about 20 miles (32 kilometres) east of Reno-Sparks along Interstate 80. But the plan takes the company a step closer to accomplishing previously announced plans to ramp
Tesla delivered its first electric semis to PepsiCo Thursday, more than three years after Elon Musk said his company would start making the trucks. The Austin, Texas, company formally delivered the trucks at a factory near Reno, Nevada. The event was livestreamed on Twitter, which Musk now owns. Musk drove one of three Tesla Semis in front of a crowd inside the factory. One was white, one was painted with a Pepsi logo, and another with Frito-Lay colors. PepsiCo, which is based in Purchase, New York, is taking part in a zero-emissions freight project at a Frito-Lay facility in Modesto, California. That project is being funded by a USD 15.4 million clean-freight technology grant from the California Air Resources Board that includes 15 Tesla battery-electric tractors and other electric- and natural-gas powered trucks. Electric semis also would be eligible for a federal tax credit of up to USD 40,000. At an event in November of 2017 unveiling the Tesla Semi, Musk said production would
The fourth set of human remains were found in Lake Mead, the largest reservoir in US where the water level has dropped to unprecedented lows amid a 22-year drought, authorities said
Donald Trump notched a notable victory Tuesday when voters in South Carolina ousted a five-term incumbent Republican who supported the former president's impeachment last year
The airport serving Nevada's second largest metro area faces a shortage of jet fuel that could force the cancellation of cargo and passenger fights that could restrict the flow essential goods
With 60 per cent of precincts reporting, Sanders had 46 per cent to Joe Biden's 19.6 per cent of the county delegates
Sanders, 78, had won the New Hampshire primary last week and was in a virtual tie with underdog Pete Buttigieg in Iowa
Nevada said the government's legal arguments are nearly as hazardous" to the nation as the plutonium that it sneaked into the state.
Jeffrey Berns imagines a sort of experimental community spread over about a hundred square miles, where houses, schools, commercial districts and production studios will be built