Sandoval, Musk Announce Tesla Gigafactory To Be Built In Nevada

Cameron Aubernon
by Cameron Aubernon

It’s official: Tesla will build its Gigafactory in Nevada pending legislative approval.

KOLO-TV reports the battery factory will bring its 6,500 jobs to Reno, along with $100 billion dollars and up to 22,000 jobs over the next two decades.

In turn, Governor Brian Sandoval will ask the state for $1.3 billion in tax breaks and incentives at a special legislative session next Wednesday at the earliest. The package is meant to last for 20 years.

Cameron Aubernon
Cameron Aubernon

Seattle-based writer, blogger, and photographer for many a publication. Born in Louisville. Raised in Kansas. Where I lay my head is home.

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  • Zip89123 Zip89123 on Sep 05, 2014

    Bad deal for NV taxpayers. $1.3 billion for a return of $865 million is the best case scenario per the NV comptroller. When it fails NV gets stuck with an EPA toxic waste site. Taxpayers are tired of subsidizing billionaires so millionaires can buy toys.

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    • Xeranar Xeranar on Sep 08, 2014

      @stuki Not 'basically' at all. In fact you didn't read a word of what I said. I was actually being proud of individuals who are willing to put up their house for a bakery or restaurant. But I also recognize that our current form of capitalism is seriously flawed and that those at the very top aren't risking anything but your money and mine in their next scheme to make more money. It's actually really sad you're down to misinterpreting the very basic views and understandings I pointed out. I know, it's upsetting to be told you likely aren't going to be a multi-millionaire, if it makes you feel better neither will I. But it doesn't mean we can't have a living wage and provide for our citizens at a fair level. Nobody I know of advocates for exactly equal wages whether you're a janitor or a doctor. If anything they firmly believe in more critical and educated work deserves better pay, but the most wealthy citizens are making far more money than they deserve as 'capitalists' since the names you used atleast built companies. The Forbes 400 list is made up mostly of families who own stock, hold natural resources, or are investment bankers who basically lend out our money so they can get interest on it from people who are productive. Maybe that doesn't seem wrong to you, but I think most of that money should be going to the average worker and the more educated for the work we do.

  • TomHend TomHend on Sep 06, 2014

    Does anyone think this deal was done crony capitalism free? Crony capitalism being government and business in the same bed, why does Telsa need $6B in tax breaks?

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    • Stuki Stuki on Sep 08, 2014

      @28-Cars-Later Which is nothing if not a pretty good argument for getting rid of as much of "society" as one possibly can.

  • Big Al from Oz Big Al from Oz on Sep 06, 2014

    It seems quite a considerable amount of lithium comes out of Australia, approx. 34.7% of global supply which is good for us. It would be more advantageous if we could actually make the batteries. Lithium use is quite competitive and it's biggest use in in the glass and ceramics industry. Only 18% of the lithium market is for batteries according to the link below, a lot less than I would have thought. With it's use so competitive and the cost of the mineral relatively high, we will hopefully find ways to reduce the cost of recovery of this great metal. World Resources According to estimates by the United States Geological Survey (USGS), which have been modified by Geoscience Australia for Australia’s resources, world lithium resources in 2012 totalled about 13 538 kt. The resource data does not include Canada. Chile holds approximately 7500 kt, or about 56% of the total world resources, followed by China with 3500 kt (about 26%), Australia with 1538 kt (11.4%), and Argentina with 850 kt (6.3%). Lithium resources occur in two distinct categories, lithium minerals and lithium-rich brines. Canada, China and Australia have significant resources of lithium minerals, while lithium brine is produced predominantly in Chile, followed by Argentina, China and the USA. Lithium brines are the dominant feedstock for lithium carbonate production. All Australia’s current resources and production are from lithium minerals. World production in 2012 was estimated by the USGS to be 37 kt of contained lithium, excluding the USA production for commercial reasons. Chile produced about 13 kt (35.4%) to remain the world’s largest producer in 2012 followed closely by Australia (34.6%), China (16.4%) and Argentina (7.4%).Top Industry Developments

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    • Mike Kelley Mike Kelley on Sep 07, 2014

      @highdesertcat --Why do you think Iran is trying so hard to develop their own offensive capabilities?-- So they can dominate their region and annihilate all of Israel's cities.

  • Bob Bob on Sep 07, 2014

    Smart on their part going to a right to work state. I have a new negative opinion of unions after getting a job in the rail industry. I finally see why everyone hates unions.