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AP source: Tesla selects Nevada for battery plant
Transportation » Electric-car maker says it will invest $5 billion in battery factory.
First Published Sep 03 2014 02:19 pm • Last Updated Sep 03 2014 03:36 pm

Reno, Nev. • Tesla Motors has selected Nevada for a massive, $5 billion factory that it will build to pump out batteries for a new generation of electric cars.

A person with familiar with Tesla’s plans said Wednesday that Nevada beat out four other states which were vying for the project.

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The person, who spoke on condition of anonymity because no official announcement has been made, said work soon will resume on a site outside Reno.

Nevada Gov. Brian Sandoval’s office said only that the governor will make a "major economic development announcement" Thursday afternoon. A Tesla spokesman says company representatives will be at the Capitol for the announcement.

The other finalists were California, Texas, Arizona and New Mexico.




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