Tesla reportedly planning $3.5B Nevada plant for electric semi-trucks
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Tesla (NASDAQ:TSLA) is planning to build a $3.5B manufacturing facility in Northern Nevada for its all-electric semi-trucks, according to the Nevada Independent.
Citing the inaugural State of the State address by Republican Gov. Joe Lombardo on Monday, the news outlet reported the plans for the facility, adding that it was "unclear if the state will offer tax breaks or other incentives" to the company for the site.

An official announcement about the investment will likely be made today (Jan. 24) in a ceremony that will take place at the site of the new manufacturing plant.
Shares of the automaker were down 1% premarket on Tuesday
The company is scheduled to report its Q4 results tomorrow. Analysts project the firm to generate $1.11 EPS on $24.24B revenue