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August 1, 2014

Tesla preps site in Nev. for $5B battery plant

  • Tesla says it broke ground on the Nevada site in June, but won't decide on the final location for a few months.
  • By YURI KAGEYAMA
    AP Business Writer

    DETROIT — Electric car maker Tesla Motors says it is preparing a site near Reno, Nevada, as a possible location for its new battery factory, but is still evaluating other locations.

    In a statement, Tesla says it broke ground on the Nevada site in June, and adds that it will decide on the final location for the $5 billion factory in the next few months.


     
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