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Tesla selects Nevada for battery plant

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By Associated Press

 

RENO, Nev. (AP) — Tesla Motors has chosen Nevada as the site for a massive, $5 billion factory that will pump out batteries for a new generation of electric cars, a person familiar with the company's plans said Wednesday.

The person, who spoke on condition of anonymity because no official announcement had been made, said work would soon resume at an industrial park outside Reno.

Four other states — California, Texas, Arizona and New Mexico — were vying for the project and the estimated 6,500 jobs it will bring.

Nevada Gov. Brian Sandoval's office said only that the governor would make a "major economic development announcement" Thursday afternoon. A spokesman for Tesla, based in Palo Alto, California, said company representatives would be at the Capitol for the announcement but offered no other details.

Tesla has done site-preparation work at the Reno Tahoe Industrial Center but had not publicly committed to building in Nevada, instead waiting as other states put together their best packages of economic incentives.

This spring, Tesla CEO Elon Musk announced that the company would take the extremely unusual step of spending millions to prepare sites in two states — or perhaps even three — before choosing the finalist.


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