Tesla Motors Announces Nevada Gigafactory. Nevada and Tesla made it official this last Thursday, as the electric car company announced their plans to build its battery “Gigafactory” just outside Carson City, Nevada.
Tesla CEO spoke publicly about the company’s choice and the new development to come. Tesla plans to provide the facility with its own power on site, to set an example for the community. The build is estimated to cost between $4-5 billon and to bring as many as 6,500 jobs to the Reno area.
The overall economic impact of this massive endeavor is estimated at around $100 billion in local economic gain over the next 20 years, leaving Nevada officials thrilled at the announcement.
I am grateful that Elon Musk and Tesla saw the promise in Nevada. These 21st century pioneers, fueled with innovation and desire, are embolden by the promise of Nevada to change the world. – Brian Sandoval, Governor of Nevada
For more on Tesla’s big construction project, read the full article here.