Tesla buys 2,000 more acres in Northern Nevada
By Sandra Chereb, Las Vegas Review-Journal
Tesla Motors Inc. is expanding its presence in the Northern Nevada desert. Records from the Storey County assessor‘s office shows the California-based electric car maker recently purchased nearly 2,000 more acres in the Tahoe-Reno Industrial Center east of Reno, where it is building a massive battery factory in partnership with Japanese electronics maker Panasonic Corp.
The acquisition triples the size of Tesla‘s property holdings in the Silver State, bringing total acreage to around 3,000.Tesla bought 1,000 acres in the industrial park last year. Tesla, led by billionaire chief executive Elon Musk,is building a $5 billion, 5 million square-foot manufacturing plant where it intends to produce lithium ion batteries.Musk has said the batteries are key to the California car maker‘s goal of mass marketing its fast and sporty electric cars and make them more affordable to the general public.