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Reno Selected For Tesla Motors Battery Factory
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.
WTF is a "gigafactory?"
Is it somehow different than any other kind of factory? Or is it a made-up word designed to satisfy some narcissists ego?
An enigma, wrapped in a riddle, shrouded in bacon and cheese
Making money from "emissions credits" and "carbon credits". Constant need for taxpayer subsidies. Correct me if I am wrong, but doesn't Tesla lose money on each car it manufactures? And only makes a profit when the cars are subsidized with "credits" and taxpayer money? Why is this company selling cars for less-than-profit at retail?
If it wasn't for the government connections this company wouldn't be able to generate a profit on its own. It needs tax breaks and emissions credits to survive. This is just someone who is politically connected getting the government to give his company favorable loans and lean on other corporations and tax them with penalties to assist a rival company. Is no one here bothered by the corruption? Or is it acceptable because of Elon Musk's political leanings?
And decide no Teslas can be sold there unless they pay a million dollar tax per vehicle.