Thursday, September 4, 2014

Tesla Gigafactory May Land In Nevada

Tesla Gigafactory

After months of wondering as to where Tesla's massive Gigafactory would end up, an answer could come as soon as 4 p.m. Mountain, when Nevada Governor Brian Sandoval and the automaker plan to hold a joint press conference in Carson City.

AutoblogGreen reports the location for the 6,500-strong battery factory will likely be Reno, though Tesla hasn't said much as of this writing. Four other states were in contention to be the Gigafactory's host: California, Arizona, New Mexico and Texas.

Local ABC affiliate KOLO-TV — which has live-streaming news, if you wish to tune in later this afternoon — adds that the factory will be placed in the city's Tahoe Reno Industrial Center, where 3.5 million cubic yards of earth were moved in less than four weeks to establish a pad for a large structure, all under the project name Project Tiger.

Once up and running, the Gigafactory will supply packs for as many as 500,000 vehicles annually by 2020, including the upcoming $35,000 Model 3 due around 2017. Project cost is projected at $5 billion, with the host state expected to chip in $500 million in the form of massive tax breaks.

The post Tesla Gigafactory May Land In Nevada appeared first on The Truth About Cars.



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