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Tesla gigafactory: Two officials confirm Nevada will get the plant

SAN ANTONIO —Inc.
Two local officials confirmed on Wednesday that Nevada was chosen as the location of the planned $5 billion \"Gigabit factory\", an economic development award that is expected to create 6,500 jobs.
This could mean Texas, California, Arizona and New Mexico.
Competitors of lithium
Ion battery plant-
Have run out.
However, a person familiar with the company\'s plans noted that if Nevada fails to deliver on the incentives it promised, the second site will still be ready --
Or maybe build a second factory.
Four months ago, experts and people involved in the site selection said San Antonio and Reno, Nevada, were the strongest contenders for the project. Co-
Tesla\'s founder and CEO Elon Musk and others will join the governor of Nevada at a press conference on Geely\'s factory.
A Tesla spokesman said.
The event is set to 3 p. m.
In Carson City today.
He declined to elaborate on what would be announced.
Sandoval\'s office only told the Associated Press that the governor would issue a \"major economic development statement \".
Tesla said in late July that it had started preliminary work at a potential location near Renault.
Tesla\'s site selection process sometimes leaves San Antonio economic development officials clueless about where automakers are heading.
When most companies secretly search for websites, Tesla basically announced a short list of its states --
All in the southwest
End of February.
He won\'t be surprised if Renault wins four on Wednesday.
It is only an hour from Yinfeng, Nevada, where the only commercial lithium mine in North America is located.
\"It does give them a big advantage, because if you have to ship it, you have to ship it by rail, which is a dangerous product,\" Wolff said . \".
\"We always thought that it was right next to the lithium mine that gave them an advantage.
Wolff said he understood Tesla would not be able to make a final decision until December.
\"This is the last thing we hear here anyway,\" he said.
The company\'s president said a non-disclosure agreement blocked his comments on Tesla.
However, on February, he confirmed that Tesla had submitted a survey report to the state, which the company hopes to pass through the state-level entities.
A government spokesman.
Questions were asked by Tesla officials on Wednesday. San Antonio-
Two people familiar with the matter told the San Antonio Express that officials in the region provided economic incentives worth $0. 8 billion. News in May.
At a conference call with Wall Street analysts in July 31, Musk estimated Tesla would fund between 40% and 50% of Geely\'s total market value of $5 billion.
An agreement was signed as lithium
Tesla\'s ion battery supplier will chip in about 30% to 40% of the time.
As for Tesla\'s chosen state, he expects investment to reach $ 10%, or $0. 4 billion to $0. 5 billion.
While Texas has the ability to provide incentives, state laws prohibiting automakers from selling cars directly to consumers may run counter to the company\'s bid.
Manufacturers must sell through licensed car dealers.
Tesla sells directly to consumers in its business model.
Musk failed last year to persuade lawmakers in Texas to change the rules.
Tesla needs the factory to make cheaper batteries for its Model 3
The company hopes to sell market electric vehicles for about $35,000 by 2017.
Musk estimated that the Geely plant could cut the cost of lithium.
As the most expensive component in electric vehicles, the price of ion batteries exceeds 30%.
The company currently sells Model S cars starting at about $70,000.
\"This is a key step for Elon Musk for a long time.
Create a viable, high-value long-term goal
Senior analyst Kelly Blue Book said in an email.
\"The battery pack accounts for a considerable part of the total price of any electric vehicle, but if Tesla is able to reduce the cost of this component through its own factory, it could produce an electric car worth $30,000 for £ 200. plus-mile range.
\"What is good for Renault is that it is close to Tesla\'s assembly plant in Fremont, California, with a clear climate --
\"Support Musk\'s desire to incorporate solar energy into the factory manufacturing process,\" added Brewer . \".
Within weeks of announcing the project, Musk said California
Tesla and two other Musk
Headquarters of relevant companies in SpaceX and SolarCity-
This is not in progress, in part because of concerns that the state\'s regulators will delay the construction of the plant.
Work with the government by June.
In talks with Tesla, California discussed incentives with state lawmakers.
In addition, Musk did not announce the finalists of the project, but said that the company would choose multiple locations for the ground.
Break in a situation where work in a place encounters obstacles.
Local officials and site
According to the selection experts, San Antonio is a strong competitor to the Ji processing plant, which is expected to occupy 10 million square feet of space on at least 500 acres of land.
The main selling point of the city is the city-
Have CPS Energy.
The company can offer a substantial discount on Tesla\'s electricity bill and meet the manufacturer\'s demand for wind and solar energy for the facility.
CPS can also work with the company to test the renewable energy storage units Tesla says will produce. Then-
According to several sources familiar with the recruitment work, the mayor is behind the scenes to push the project.
On March 26, two Tesla executives met secretly with Castro, Wolf and CPS Chief Executive City Hall.
But at the end of the spring and early summer, there was little news from local officials about the company.
Tesla Motors
Two local officials confirmed on Wednesday that Nevada was chosen as the location of the planned $5 billion \"Gigabit factory\", an economic development award that is expected to create 6,500 jobs.
This could mean Texas, California, Arizona and New Mexico.
Competitors of lithium
Ion battery plant-
Have run out.
However, a person familiar with the company\'s plans told The Associated Press that if Nevada fails to deliver on the incentives it promised, the second site will still be ready --
Or maybe build a second factory.
Four months ago, experts and people involved in the site selection said San Antonio and Reno, Nevada, were the strongest contenders for the project. Co-
Tesla\'s founder and CEO Elon Musk and others will join the governor of Nevada at a press conference on Geely\'s factory.
Tesla spokesman Brian Sandoval told Bloomberg News.
The event is set to 3 p. m.
In Carson City today.
He declined to elaborate on what would be announced.
Sandoval\'s office only told the Associated Press that the governor would issue a \"major economic development statement \".
Tesla said in late July that it had started preliminary work at a potential location near Renault.
Tesla\'s site selection process sometimes leaves San Antonio economic development officials clueless about where automakers are heading.
When most companies secretly search for websites, Tesla basically announced a short list of its states --
All in the southwest
End of February.
County Judge Nelson Wolfe said Wednesday he would not be surprised if Renault won four
It is only an hour from Yinfeng, Nevada, where the only commercial lithium mine in North America is located.
\"It does give them a big advantage, because if you have to ship it, you have to ship it by rail, which is a dangerous product,\" Wolff said . \".
\"We always thought that it was right next to the lithium mine that gave them an advantage.
Wolff said he understood Tesla would not be able to make a final decision until December.
\"This is the last thing we hear here anyway,\" he said.
Mario Hernández, chairman of the San Antonio foundation for economic development, said a non-disclosure agreement blocked his comments on Tesla.
However, on February, he confirmed that Tesla had submitted a survey report to the state, which the company hopes to pass through the state-level entities.
A government spokesman.
Rick Perry asked Tesla officials on Wednesday. San Antonio-
Two people familiar with the matter told the San Antonio Express that officials in the region provided economic incentives worth $0. 8 billion. News in May.
At a conference call with Wall Street analysts in July 31, Musk estimated Tesla would fund between 40% and 50% of Geely\'s total market value of $5 billion.
Panasonic signed a lithium-
Tesla\'s ion battery supplier will chip in about 30% to 40% of the time.
As for Tesla\'s chosen state, he expects investment to reach $ 10%, or $0. 4 billion to $0. 5 billion.
While Texas has the ability to provide incentives, state laws prohibiting automakers from selling cars directly to consumers may run counter to the company\'s bid.
Manufacturers must sell through licensed car dealers.
Tesla sells directly to consumers in its business model.
Musk failed last year to persuade lawmakers in Texas to change the rules.
Tesla needs the factory to make cheaper batteries for its Model 3
The company hopes to sell market electric vehicles for about $35,000 by 2017.
Musk estimated that the Geely plant could cut the cost of lithium.
As the most expensive component in electric vehicles, the price of ion batteries exceeds 30%.
The company currently sells Model S cars starting at about $70,000.
\"This is a key step for Elon Musk for a long time.
Create a viable, high-value long-term goal
Carl Brewer, senior analyst at Kelly\'s Blue Book, said in an email.
\"The battery pack accounts for a considerable part of the total price of any electric vehicle, but if Tesla is able to reduce the cost of this component through its own factory, it could produce an electric car worth $30,000 for £ 200. plus-mile range.
\"What is good for Renault is that it is close to Tesla\'s assembly plant in Fremont, California, with a clear climate --
\"Support Musk\'s desire to incorporate solar energy into the factory manufacturing process,\" added Brewer . \".
Within weeks of announcing the project, Musk said California
Tesla and two other Musk
Headquarters of relevant companies in SpaceX and SolarCity-
This is not in progress, in part because of concerns that the state\'s regulators will delay the construction of the plant.
Work with the government by June.
When discussing incentives with members of Tesla and California, Jerry Brown\'s office also joined the competition.
In addition, Musk did not announce the finalists of the project, but said that the company would choose multiple locations for the ground.
Break in a situation where work in a place encounters obstacles.
Local officials and site
According to the selection experts, San Antonio is a strong competitor to the Ji processing plant, which is expected to occupy 10 million square feet of space on at least 500 acres of land.
The main selling point of the city is the city-
Have CPS Energy.
The company can offer a substantial discount on Tesla\'s electricity bill and meet the manufacturer\'s demand for wind and solar energy for the facility.
CPS can also work with the company to test the renewable energy storage units Tesla says will produce. Then-
According to some sources familiar with recruitment, Mayor Julian Castro has been pushing the project hard behind the scenes.
On March 26, two Tesla executives met with Castro, Wolf and CPS chief executive Doyle benibby secretly at the City Hall.
But at the end of the spring and early summer, there was little news from local officials about the company.

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