Tesla Breaks Ground On California Megafactory: TechCrunch

September 23, 2021 12:29 PM | 1 min read | Make a Comment

Tesla Inc TSLA broke ground on its "Megafactory," a new production facility in Lathrop, California, to produce its large-scale battery system Megapack, TechCrunch reports as per Lathrop Mayor Sonny Dhaliwal's Facebook Inc FB post.
The factory is near Tesla's automotive plant in Fremont.
Lathrop is also home to Tesla's 870,000-square-foot distribution center.
Megapacks, and Tesla's other energy storage products, were being manufactured at its so-called "Gigafactory" in Sparks, Nevada.
TSLA Price Action: TSLA shares traded lower by 0.4% at $748.92 on the last check Thursday.