{"id":30272,"date":"2014-09-04T07:19:31","date_gmt":"2014-09-04T11:19:31","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=30272"},"modified":"2014-09-04T07:19:31","modified_gmt":"2014-09-04T11:19:31","slug":"tesla-motors-inc-nasdaqtsla-heads-towards-nevada-for-establishing-us5-billion-battery-giga-factory-site","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/tesla-motors-inc-nasdaqtsla-heads-towards-nevada-for-establishing-us5-billion-battery-giga-factory-site-30272","title":{"rendered":"Tesla Motors Inc (NASDAQ:TSLA) Heads Towards Nevada For Establishing US$5-billion battery \u2018Giga-factory\u2019 Site"},"content":{"rendered":"

Boston, MA 09\/04\/2014 (wallstreetpr) \u2013\u00a0According to reports, Tesla Motors Inc (NASDAQ:TSLA)<\/strong> has decided to establish its US$5-billion battery<\/a> \u2018Giga-factory\u2019 site in Nevada. These batteries will be used in new-generation electric cars and will change the perception that people have about car batteries, a person familiar to this issue said. He denied to reveal his identity due to the confidentiality of this matter as the company had not yet made any announcement regarding it. He said that construction work of the new factory will take place in the industrial park outside Reno. The company has targeted a few other states as well for this project. These states include names like California, Arizona, Texas and New Mexico. As per the industry experts, it will create around 6500 new jobs in the near future.<\/p>\n

What’s the response of local government authorities over this issue: <\/strong><\/p>\n

One of the representatives of Brian Sandoval, Governor of Nevada said that the Sandoval would make an important announcement related to economical development on the Thursday afternoon. When reporters tried to take inputs from Tesla Motors Inc (NASDAQ:TSLA) on this issue, one of the representatives said that the company appreciated this step of the governor Brian Sandoval. TSLA’s representatives would be available at the time of that important announcement, he further added. Although he denied giving any other information about this matter.<\/p>\n

People close to this matter have revealed that the site preparation procedure at the Reno Tahoe Industrial Center has been executed, although Tesla Motors Inc (NASDAQ:TSLA) hasn’t committed about the building in Nevada. The company has also asked the other sites than Nevada to make sure that they represent the best economic incentive possible for the investment made by the company. Elon Musk, Chief Executive Officer of the company, said, “I will prepare two sites, so that even\u00a0 one falls through, then the other one can work efficiently and deliver what we have promised.”<\/p>\n","protected":false},"excerpt":{"rendered":"

Boston, MA 09\/04\/2014 (wallstreetpr) \u2013\u00a0According to reports, Tesla Motors Inc (NASDAQ:TSLA) has decided to establish its US$5-billion battery \u2018Giga-factory\u2019 site in Nevada. 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