Arizona among states considered for Tesla new battery factory

Tesla Model S Battery
Tesla Model S Battery

PALO ALTO, Calif. (AP) – Electric car maker Tesla Motors said Wednesday it’s considering sites in Nevada, Arizona, New Mexico and Texas for a massive battery factory that would employ around 6,500 people.

The company didn’t immediately name the locations it’s considering in those states. Tesla plans to start construction this year and complete the factory- which it dubs its “Gigafactory”- in 2017.

Tesla’s share rose nearly 3 percent to $259.90 in after-hours trading.

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