Tesla Gigafactory could exceed expected costs

(MGN Online)
(MGN Online)
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Updated: 8/08/2014 2:24 pm
RENO, Nev. (MyNews4.com & KRNV) -- Tesla released a quarterly report Friday detailing financial information and legal proceeding, some of which pertain to the highly anticipated Gigafactory. 

According to the report, the cost of building and operating the Gigafactory could exceed Tesla's current expectations, and may take longer to build than originally anticipated.

Tesla has also chosen to slightly accelerate their investments in the Gigafactory. The report states that Tesla has "not finalized agreements with additional Gigafactory partners, such as for the supply of cell precursor materials."

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local veteran - 8/8/2014 8:33 PM
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So it could cost more. What it will bring to the economy of the Reno/Sparks area outweighs anything else.

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