Sandoval, Tesla name Nevada as official home of gigafactory

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Updated: 9/04/2014 10:43 pm
CARSON CITY, Nev. ( & KRNV) -- Governor Brian Sandoval together with Tesla Motors announced Thursday that the auto company will officially make the home of its gigafactory in the Silver State, pending a special legislative session to fulfill conditions of the company's move.

CNBC, Bloomberg News, and Forbes had all reported that the automaker had chosen Nevada as the site of its $5 billion gigafactory Wednesday, a move that could ultimately bring thousands of jobs to the Silver State.

The project will create up to 600 construction jobs initially, and Tesla plans to hire 100 people -- and provide permanent jobs -- within the next two years.

Governor Sandoval -- along with his emphatic approval of the economic impact of this announcement -- says the decision made today could lead to over $35 million put toward Nevada's education system.

We will have more information on the implications of this announcement -- including ways Reno businesses are 'charging' ahead by facilitating Tesla charging stations in the region -- on News 4 at 8 p.m. and News 4 at 11 p.m.

UPDATE: 4:16 p.m.
CARSON CITY, Nev. ( & KRNV) -- In an press release from Tesla Motors, Nevada was official named as the official site of the Tesla Gigafactory.

You may read the statement in its entirety below:

Governor Brian Sandoval and Elon Musk, Chairman and CEO of Tesla Motors, announced today that Nevada has been selected as the official site for the Tesla Gigafactory.

“This is great news for Nevada. Tesla will build the world’s largest and most advanced battery factory in Nevada which means nearly one hundred billion dollars in economic impact to the Silver State over the next twenty years. I am grateful that Elon Musk and Tesla saw the promise in Nevada. These 21st century pioneers, fueled with innovation and desire, are emboldened by the promise of Nevada to change the world. Nevada is ready to lead,” stated Governor Brian Sandoval.

“I would like to recognize the leadership of Governor Sandoval and the Nevada Legislature for partnering with Tesla to bring the Gigafactory to the state. The Gigafactory is an important step in advancing the cause of sustainable transportation and will enable the mass production of compelling electric vehicles for decades to come. Together with Panasonic and other partners, we look forward to realizing the full potential of this project,” said Elon Musk, Chairman and CEO of Tesla Motors.

“On behalf of the State of Nevada, I would like to acknowledge this monumental day and provide my initial support. This is a significant opportunity to make a major stride to improve our statewide economy. I look forward to receiving the necessary information so the Legislature can meet and take necessary action to support this major industry coming to Nevada,“ stated Speaker Marilyn Kirkpatrick.

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DorothyCCline - 9/9/2014 7:12 PM
0 Votes
my neighbor's ex-wife makes $63 /hr on the laptop . She has been fired for 9 months but last month her pay check was $20363 just working on the laptop for a few hours. read,, >>>>>>>>>>

TheGumption - 9/4/2014 4:58 PM
2 Votes
It's funny listening to some of the naysayers complaining about the tax incentives. A little math folks. Spending $1.2 billion to get $100 billion is a friggin' awesome investment and with very little impact to the general fund. Much of the tax break is offset by reducing the tax breaks for movie makers and insurance companies. Big whoop. Neither one of those industries has provided as much economic incentive to Nevada as Tesla will. Plus... the eventual payout to education by Tesla will be HUGE for students. This is an amazingly good thing for our State. Great job landing this deal which will have massive benefits to Nevada.

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