Hyperloop Technologies will build a test track in Southern Nevada. The goal is to test the tube trains at 335 miles per hour.
When it comes to Nevada's financial incentives that lured Tesla Motors to build its Gigafactory in the Silver State, some lawmakers have said Gov. Brian Sandoval has some 'splain' to do. And such explanations are slated to start today, reports Reuters. When there are $1.3 billion or so worth of incentives, the conversation's likely to be a lengthy one.
You want details on the Gigafactory? You got 'em. At least the preliminary ones. At an event with Nevada Governor Brian Sandoval this afternoon, Tesla Motors announced that its first Gigafactory will be built outside Reno. As was leaked yesterday and confirmed by unnamed state officials today, the plant will be where Tesla will make a big statement not only about EVs but also the power of Nevada to further that particular fight.