Thursday, 04 September 2014 12:14

Tesla Picks Nevada for Massive Battery Factory

Tesla has decided to build its massive battery factory in Nevada, dashing desert leaders’ hopes the electric automaker would locate its so-called Gigafactory by the Salton Sea.

Tesla confirmed to The Desert Sun in a statement on Sept. 3 that the company will make a “major economic development announcement” at 4 p.m. on Sept. 4 in Carson City, Nevada’s capital, alongside Gov. Brian Sandoval and legislative leaders. California Gov. Jerry Brown’s office was notified of the impending announcement on Sept. 3.

California was a late entrant into the Gigafactory competition, joining Arizona, Nevada, New Mexico, and Texas. Tesla originally ruled out California due to the state’s high tax burden and cost of living, but the prospect of abundant lithium from the Salton Sea helped jettison the state back into the running.

In the end, though, state officials were unable to strike a deal with the California-based automaker, which is headquartered in Palo Alto. While they reportedly offered Tesla much of what the company wanted — including investment tax credits in the $500 million range and expedited permitting and environmental review processes — the Legislature adjourned this weekend without an agreement in place.

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