November 16, 2024 11:29 pm
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Anonymous sources: Reno likely to land Tesla’s $5B gigafactory

REnoBy Mike Sunnucks | Phoenix Business Journal

Northern Nevada is the frontrunner to land Tesla Motors’ $5 billion electric battery factory, though the California automaker is still talking to Texas, Arizona and New Mexico officials about incentive packages for the 1,000-acre site selection. Multiple business and political sources in the Phoenix area say the Reno area in northern Nevada is the odds-on favorite to land the Tesla plant, which would encompass as much as 10 million square feet and employ 6,500 workers. Those officials asked not to be identified.

Continued:

Related: Tesla analyst drops stock target over new Gigafactory uncertainty

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