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Reno Is Tesla's First Choice As A Gigafactory Site - But Elon Musk Sets A High Price Tag
Michelin Maynard
7/31/2014
Tesla Motors Tesla Motors made it official on Thursday: it has broken ground outside Reno, Nevada, for the first potential site of its $5 billion gigafactory plant.
Tesla CEO Elon Musk disclosed the location in a letter to shareholders that accompanied Teslas second-quarter results. It has long been rumored that Reno stood the best chance of becoming a gigafactory semi-finalist. And in fact, Musk said that Tesla actually broke ground at the Reno location last month.
Musk was careful to say that the site could be the final location for the gigafactory, which will produce battery packs to power Teslas upcoming Model 3 car, due later in the decade.
<snip>
Eventually, Tesla plans a 10 million square foot factory five times bigger than most conventional automobile assembly plants. The Gigafactory would employ about 6,500 employees by 2020, and is set to open around 2017.
<snip>
But-----but before a final decision is made, Tesla has to see how much money and other goodies they can wring out of the states - ain't bribery capitalism great?
.
Reno Is Tesla's First Choice As A Gigafactory Site - But Elon Musk Sets A High Price Tag
Michelin Maynard
7/31/2014
Tesla Motors Tesla Motors made it official on Thursday: it has broken ground outside Reno, Nevada, for the first potential site of its $5 billion gigafactory plant.
Tesla CEO Elon Musk disclosed the location in a letter to shareholders that accompanied Teslas second-quarter results. It has long been rumored that Reno stood the best chance of becoming a gigafactory semi-finalist. And in fact, Musk said that Tesla actually broke ground at the Reno location last month.
Musk was careful to say that the site could be the final location for the gigafactory, which will produce battery packs to power Teslas upcoming Model 3 car, due later in the decade.
<snip>
Eventually, Tesla plans a 10 million square foot factory five times bigger than most conventional automobile assembly plants. The Gigafactory would employ about 6,500 employees by 2020, and is set to open around 2017.
<snip>
But-----but before a final decision is made, Tesla has to see how much money and other goodies they can wring out of the states - ain't bribery capitalism great?
.