Tesla will build battery 'Gigafactory' in Nevada

[mahatmakanejeeves]

Source: USA Today

Chris Woodyard, USA TODAY 4:05 p.m. EDT September 3, 2014

Tesla Motors, the electric car maker, is planning to build its giant battery Gigafactory in Nevada after a five-state competition, a source who asked not to be identified confirms.

Nevada Gov. Brian Sandoval has called press conference Thursday in Nevada's capitol in Carson City where the deal is expected to be announced.

The plant has been one of the nation's most highly sought projects among state economic development officials. Tesla, which has partnered with Japan's Panasonic, plans to spend $4 billion to $5 billion on the project and employ up to 6,500. The plant will make advanced batteries expected to power Tesla's next generation of electric cars.

Tesla recently confirmed that it has been excavating on a site near Reno, but stopped short of saying that it would be the site of the giant plant. In choosing Nevada, Tesla picks a location only a few hundred miles from its main assembly plant in Fremont, Calif., which is close to its corporate headquarters in Palo Alto. ... The announcement comes after a weekend in which California's legislature adjourned without acting on a bill that could have delivered economic incentives to try to lure Tesla into building its battery plant in the Golden State.

Read more: http://www.usatoday.com/story/money/cars/2014/09/03/tesla-gigafactory-nevada-carson/15029233/

[broadcaster75201]

1. Would have liked to see it in CA bt thank god it's not TX nt

nt

[Dont call me Shirley]

2. Ole Susanna pushed them out of New Mexico, just like other businesses.

[Leith]

3. I Hope I Hope That It Is in Clark County

We have the sun, the space, the people to work, all more than the Reno-Carson City area. Besides, I live here and I'm job hunting.

[rollin74]

8. it's going to be just east of Reno-Sparks

Last edited Wed Sep 3, 2014, 10:51 PM - Edit history (1)

the preliminary work at the site has been going on for a while

Developer Lance Gilman, with the Reno-Tahoe Industrial Park, said he too has heard the rumors and he can't say anything. However, he said, "I just received a call from the Governor's Office inviting me to the news conference. They told me to bring some of the folks from Storey County and that we're going to announce something to the world." He added smiling, "Just like Christmas time, maybe we'll get to open a really great present!"

http://www.mynews4.com/news/local/story/Tesla-Announcement/wZQhUwbHw0iEBsSqR1qmPw.cspx


http://www.tahoereno.com/

[DRoseDARs]

9. For which I am immensely happy; live nearby, hope to apply for one of those jobs.

Get in on the ground floor of an emerging industry? Yes please.

[Ecumenist]

10. Nope, I believe it's Carson City county. VERY close to the California border, near Lake Tahoe

Is it too far for you to drive and stay during the week if you can land a job there?

[Leith]

12. Yeah, I'm in Vegas

There probably wouldn't be too many web developer jobs there, anyway. I've been studying that hoping to get back into computers.

[rollin74]

16. actually it's Storey County. 9 miles east of reno

Tahoe-Reno Industrial Center

http://www.tahoereno.com/

[1StrongBlackMan]

4. So Arizona lost out ...

I can't imagine why???

[shenmue]

5. Yay

[Tikki]

6. This is such great news...It will help Nevada and CA, also.

Let's make Nevada solid Blue...and keep it that way...


Tikki

[IronGate]

15. That would be nice, but it was a Republican Governor that landed it,

and once outside of Clark County, the rest of the state is pretty much red.

[Tikki]

17. I know...but Clark Co. does have pull within the State...

Tikki

[IronGate]

18. Yes it does,

considering it has the largest pop. of all NV counties.

[Major Hogwash]

19. Great comment.

I may have to look into moving to Nevada now.

[bloomington-lib]

7. Every state could use the jobs, but it's too bad it couldn't go to a place like Detroit where the

city is dying from the lack of them. Detroit has plenty of water, which I assume is needed for any manufacturing, whereas building more in the desert doesn't make much sense to me. Seems like I remember reading Michigan has a good supply of lithium too.

[LeftyMom]

11. It's the proximity to their factory. I said all along this was the logical place to put it.

Batteries are heavy. Transport costs would be a major factor anywhere else. This is 3 hours away form their factory, along a route that rarely closes for weather, in an area where they'll have no problem hiring.

Nevada is a huge mining state so they'll have no problem with raw materials either.

[IronGate]

14. Reno-Sparks area isn't in the desert.

You're thinking of S. Nevada, N. Nevada has plenty of water, plenty of infrastructure for just such a business.

[Xithras]

25. "Plenty of water" overstates it a bit.

Northern Nevada has more water than southern Nevada, but Reno/Sparks is almost entirely dependent on water from the Truckee River outflows from Lake Tahoe, and from wells. The Truckee River is already overused (Winnemucca Lake stands as a sad testament to that fact), and the aquifiers under the desert are at the end of a closed basin that refills very slowly. There are many people who believe that the Reno/Tahoe area (and Nevada in general) has already passed the maximum point of water sustainability.

[NBachers]

13. Winter mountain transport can be an issue, but I can see the sense in putting it not far from

Fremont and Palo Alto.

[Brother Buzz]

21. It's not really an issue

I-80 mostly remains open in the winter, and the rare closures on the pass last hours, not days. Trains in winter are not an issue, either.

[Taitertots]

20. "Giga"? What makes it "Giga"?

Interesting marketing plan for a factory that is indistinguishable from a non-Giga factory.

[bananas]

26. For one, it will produce more than all current world-wide production.

For another, it will be 100% renewable powered by solar, wind, and geothermal.

[SoapBox]

22. Oh gawd...and now I read that the guy that owns the industrial center

Also owns the Mustang Ranch...and helped to secure the deal.

Just saw it in the Useless A Today.

[mahatmakanejeeves]

23. Governor issues proclamation for special session on Tesla

Governor issues proclamation for special session on Tesla

By Cy Ryan (contact)
Wednesday, Sept. 10, 2014 | 7:55 a.m.

CARSON CITY — Shortly before midnight Tuesday, Gov. Brian Sandoval issued the official proclamation calling a special session of the Legislature for today to give $1.2 billion in tax benefits to Tesla Motors Inc. to locate in Nevada.
....

The proclamation does not mention Tesla by name, but asks lawmakers to consider approving tax credits and abatements to companies that “agree to make a certain amount of new capital investments in this state.”
....

Tesla has said it will build a $5 billion battery manufacturing plant about 17 miles east of Reno in Storey County that will employ 6,000 workers. It has estimated that 3,000 construction jobs will be created.

The proclamation says any tax incentives must be paid back if the company does not meet its requirements. Previously, the agreement was that Tesla must invest at least $3.5 billion or return the credits and abatements.

[mahatmakanejeeves]

24. The Nifty Perk For Tesla In Nevada's Gigafactory Deal

The Nifty Perk For Tesla In Nevada's Gigafactory Deal

Micheline Maynard Contributor
9/10/2014 @ 6:57PM

On Wednesday, the Nevada legislature began discussing a $1.25 billion package of incentives for Tesla Motors' TSLA +0.47% gigafactory. A close read of the legislation by the Las Vegas Sun immediately turned up a nifty perk for Elon Musk’s electric car manufacturer.

Under one of the four Tesla measures, the company will be allowed to sell its vehicles directly to the public, bypassing the traditional dealer network that other car companies have established. That is a battle that Tesla has fought in a number of states. It has won in some, like New Jersey, and lost in others, including Texas.

The legislation specifically says that a manufacturer will not be subject to Nevada’s normal franchised car dealer laws if it
•Only manufacturers passenger cars powered solely by one or more electric motors
•Only sells at retail the new or used vehicles that it manufactures
•Does not enter into a franchise agreement for the sale of any vehicles manufactured by the manufacturer.

Basically, there is only one company that fits that description: Tesla. The inclusion of the provision saves Tesla yet another battle in a state legislature. And, it only makes sense that Nevada would roll out such a red carpet for what will by far be its biggest investment. ... But it’s rather sly of Tesla to clinch it as a condition of the deal. After all, Texas lawmakers declined to offer that same provision, and Teslas cannot be sold directly in Arizona. Those were two of the states that lost out to Nevada, the others being California and New Mexico.

[rollin74]

27. Legislature approves $1.2B Tesla deal, governor to sign tonight

It's a deal.

The Nevada Legislature late Thursday approved the $1.25 billion deal brokered by Gov. Brian Sandoval to bring Tesla Motors' $5 billion battery gigafactory to Northern Nevada.

Both the Senate and Assembly unanimously approved the deal, strung together with four bills including the marquee measure, Senate Bill 1. Sandoval will sign the legislation tonight.

SB1 gives Tesla about $1.25 billion in tax abatements in exchange for Tesla investing $3.5 billion in the state within the first 10 years of the agreement. It passed the Senate with a 21-0 vote.

read more: http://www.rgj.com/story/news/2014/09/11/end-sight-tesla-deal-passes-senate-assembly-next/15494329/