THIS IS AN ARCHIVE OF LAKE TAHOE NEWS, WHICH WAS OPERATIONAL FROM 2009-2018. IT IS FREELY AVAILABLE FOR RESEARCH. THE WEBSITE IS NO LONGER UPDATED WITH NEW ARTICLES.

Tesla buys 2,000 more acres in Northern Nevada


image_pdfimage_print

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.

Read the whole story

image_pdfimage_print

About author

This article was written by admin

Comments

Comments (4)
  1. local2 says - Posted: July 17, 2015

    I actually saw one of their cars and engine design up close, very impressive with the HP output and miles it can go, but can they compete on a mass scale of other competitors. It’s sleek looking car, BUT expensive.

  2. Steve Kubby says - Posted: July 18, 2015

    I’ve owned my new arrest-me-red P85D for three months now and I must confess, it’s the most wonderful, heart pumping, can’t stop from grinning, totally addictive experience of my life!

  3. Justice says - Posted: July 18, 2015

    Just a few more thousand jobs leaving, don’t worry about it until they are all gone and you are stuck with the bills of a failed state.

  4. Straykat says - Posted: July 18, 2015

    To paraphrase advice to the Graduate, I have one word: “Batteries”.