Posted on 09/03/2014 3:35:34 PM PDT by jazusamo
RENO, Nev. – Tesla Motors has chosen Nevada as the site for a massive, $5 billion factory that will pump out batteries for a new generation of electric cars, a person familiar with the company's plans said Wednesday.
The person, who spoke on condition of anonymity because no official announcement had been made, said work would soon resume at an industrial park outside Reno.
Four other states -- California, Texas, Arizona and New Mexico -- were vying for the project and the estimated 6,500 jobs it will bring.
(Excerpt) Read more at foxnews.com ...
I test drove a Tesla, it’s really surprised me how well the car drove, the acceleration was quite impressive. Plus a full charge which goes around 300 miles costs only about 10 dollars in electricity.
you just left out that somewhere in that mix Reid’s son will make a hundred million or so...................later, in a Swiss bank, he will put half in an account for Dad...............
“They got a huge government loan, and paid it back in full. They can’t make Teslas fast enough. Right now, there is a 4 month waiting list for new orders.”
Successful scam artists always return your money with interest the first time. I haven’t seen any independent verification that the car is that wildly popular. How many, for example, are registered? (I don’t know how to find out.) But, given Solyandra (sp?) and the other battery scams that cost the taxpayers billions, I can’t believe that a five billion dollar plant that makes batteries for one make can pay for itself. They won’t, for example, sell 30,000/ year, which is a fairly paltry number. Volt sales rarely exceeded 2,200 in any given month. This is a specialty care with a niche market.
So much for California.
Lots of wailing and gnashing of teeth in the New Mexico media over this.
(Yah, I know....)
How much are they getting in subsidies?
“Reno would be Washoe County. Bundy is in Clark County - quite a ways apart from each other”
That is about 300-400 miles apart or more, isn’t it?
On the radio today (KFBK, Sacramento) it was announced that Tesla already owns the property it intends to build on....it further reported that the property was in the process of being cleared/graded in preparation for construction.
I thought Nevada had an energy shortage and needed all their rangeland for solar panels to meet the crisis. Is there not such a desperate need for solar farms after all?
We have been waiting for decades for the miracle battery. All Tesla's engineers and all the taxpayers dollars cannot change the laws of chemical reactions. But it will be profitable. For those who made the correct donations.
According to the radio host, the bids from the states were also supposed to start with $500,000,000 cash up front and at least a 10 year tax holiday.
Of course, state development departments gobble this stuff up and the big giveaways are usually there.
But does anyone ever factor in that this is a new technology with an unproven car. Sure it looks nice but are we looking at the next Solyndra in the Nevada desert?
That’s an excellent question and I don’t know the answer.
Various tax incentives have to be involved and I’d guess outright subsidies are also.
:-) It seems so.
“Why do you think the push was on to drive Clive Bundy off the range land he was on? The backdoor deal was for the Tesla plant to locate just about where Bundy had been running his cattle.”
That’s pure nonsense!! Musk will build the plant near Reno. Las Vegas isn’t close to his mfg. plant in Fremont, and Northern Nevada doesn’t have the pressing energy and water problems that are facing LV. Besides, why would he want to hire a bunch of out-of-work Mexican maids and kitchen help?
BTW have you ever been to Bunkerville, NV. There is absolutely nothing there, and it’s 80 miles from LV. Reno can house 6500 workers, Bunkerville can’t.
how much water will this plant and its employees consume?
They got millions in subsidies in CA they weren't entitled to over that "battery swap" scam.
Absolutely and that was an out and out scam. We'll never see that Musk scam come to fruition, he dropped it like a hot potato. I believe it won't be his last scam either.
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