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Reno Selected For Tesla Motors Battery Factory

Posted by samzenpus on from the start-it-up dept.

First time accepted submitter Mikenan writes Tesla has finally decided that it will build its battery "gigafactory" in Nevada, sources say. "That's a go, but they are still negotiating the specifics of the contract," a source within the Nevada's governor's office told CNBC Wednesday afternoon. The source noted that it could be a week before the deal is official. Nevada is planning a press conference Thursday in Carson City.

2 of 157 comments (clear)

  1. Re:This company would be nowhere without handouts. by AaronW · · Score: 5, Interesting

    Tesla is making over 25% profit on every car sold. All of that money is going into growth and expansion. While they get emission credits, they don't rely on them since they are shrinking.

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  2. Re:California Betrayed by LWATCDR · · Score: 5, Interesting

    Tesla has the car factor in CA and Elon has a major SpaceX factory there as well.
    Betrayed?

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