Speculation for months about where Tesla would make the batteries to power its Model 3 EV electric vehicles has finally ended, with confirmation today that Elon Musk has decided where to erect his Gigafactory. The big winner? Nevada.
https://jalopnik.com/what-you-need-to-know-about-teslas-nevada-gigafactory-1630792930
Although Nevada has been rumored to be the destination, Tesla held a press conference today announcing the decision. Musk also announced that the state has proposed a $1.25 billion tax incentive for the automaker. The factory will make batteries for an estimated 500,000 cars by 2020 and will reportedly be a “net-zero energy” manufacturing center, with the help of Panasonic.
The losers today are New Mexico and Arizona, which were also considered to be front-runners for Musk’s dollars. And it’s also a bittersweet day for California, which wanted to taste the Tesla juice so badly it was about to waive its environmental regulations. Although I suppose that’s a win for the environment. [Jalopnik]
