Free Republic

Nevada looks to be the winner for Tesla Motors’ (TSLA) new $5 billion battery factory, but the win comes at a cost for state taxpayers. Tesla is seeking up to $3 billion in new tax breaks to help fund about half of its cost for the new battery factory, which Tesla has already disclosed in regulatory filings would be located outside Reno, Nev., about 235 miles from its auto assembly plant in the San Francisco Bay area. “The total capital expenditures associated with the gigafactory through 2020 are expected to be $4-5 billion (sic), of which approximately $2 billion is...

Based on reports that have emerged over the past few weeks, it looks like California is back in the running as a location for Tesla's Gigfactory — a massive facility that will build the advanced lithium-ion batteries needed to get the electric carmaker to the next level. Nevada, Texas, New Mexico — these were the states that appeared to be in a better position to become the Gigafactory's home than California.But there's been some chatter about Elon Musk and his company potentially taking over an old U.S. Navy facility near San Francisco. And now, according to the Los Angeles Times'...

Hundreds of villagers in eastern China riot against polluting factoryThursday ?June 30, 2005 Hundreds of Chinese villagers have marched on a battery factory which they say is poisoning their children and held 1,000 workers hostage, residents and officials said. About 600 people from Jianxia village in the eastern province of Zhejiang took control of the Zhejiang Tianneng Battery company and barricaded workers inside, resident Han Cheng told AFP Thursday. But a promise made Thursday afternoon by factory managers to stop production and carry out investigations helped defuse the tense five-day standoff. "The problem has been more or less solved this...