Where will Tesla Motors build its gigantic battery factory? According to CNBC, the electric car maker will be building it Nevada. A Tesla rep spoke with Business Insider, where they said: "We look forward to meeting with Gov. (Brian) Sandoval and other legislators in Carson City at 4 p.m. tomorrow to announce a major economic development."
Tesla Motors' CEO and modern day Tony Stark, Elon Musk, has said that the Gigafactory is a critical piece of its plans to mass-market a Tesla car, as well as lowering the cost of carbon-neutral power. Musk said he wants to double the world's supply of lithium-ion batteries before the end of the decade, which should see a reduction of power pack prices. Musk has said that Tesla has plans to open more than one Gigafactory in the future.
The electric car maker has already broken ground on a prospective site outside of Reno earlier in the summer, which was done by the name of "Project Tiger." The Tahoe Reno Industrial Center is currently home to e-commerce facilities owned by Apple, Amazon, Barnes & Noble, and Zulily. The new Gigafactory will see Tesla hire over 6,500 workers, estimating to cost up to $5 billion.
Last updated: Jun 16, 2020 at 04:29 pm CDT
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