To paraphrase Dr. Evil from Austin Powers: International Man of Mystery, why spend a trillion when you could spend ... billions? That's what Panasonic is saying about its investment in Tesla's gigafactory, though there's a catch. The billions are in Japanese yen.
Now that the Nevada deal for the Tesla Motors Gigafactory has the governor's signature, we've got more details on the automaker's $1.2-billion benefits package. As originally reported, this is the broad breakdown:
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.
After months of guessing, the location of the first massive Tesla battery plant should be announced around 24 hours from now. A joint press conference has been called by Tesla and the Nevada Governor's office for tomorrow afternoon and the subject is likely to be that the so-called Gigafactory will be built in Reno, NV.
Nevada may not often be thought of as a state plagued by heavy rains, but some residents who are being inundated with severe storms that are causing flash flooding and mudslides might beg to differ. One recent deluge was strong enough to overflow the US 95 highway and shut down the road. The powerful current turned the median into raging rapids capable of carrying away people and cars. Of course, with everyone carrying a camera at all times these days, the horrifying incident was captured on vid
Should we all be laying our chips down on Nevada for Tesla's proposed Gigafactory? At least a few news sources are saying yes, though another says there's a remote chance of a San Francisco Bay Area site getting the nod. Real remote.
Ever since February, when Tesla officially announced that it would build a gigafactory to make the incredible number of lithium-ion batteries it expects to need to power its electric vehicles, we thought it would be located in one of four states. Those four states – Texas, Arizona, New Mexico and Nevada – have been lobbying the automaker ever since, hoping to hear that the new, $5-billion plant and its 6,500 jobs would set up shop within its borders. Turns out, two of them might get
And they're off! Arizona, Nevada, New Mexico and Texas are all in the running for Tesla Motors' gigafactory, USA Today says. And the politicians are already talking big, which is the operative word for a factory that could cost $5 billion, require 1,000 acres, take up 10 million square feet and support 6,500 jobs. Oh, and build battery packs for a half-million EVs a year.
As of next Tuesday, October 1, motorcyclists, cyclists, moped and tri-wheel riders in Nevada will be legally allowed to run red lights under one condition: there is no other traffic around, and they have waited at the light through two red-light cycles. When light sensors under the road don't detect a two-wheeled vehicle it can leave a rider sitting a light until a car shows up, or the rider will need to dismount and press the "Walk" button to get the light to change. The law was passed in order
To promote being in Mesquite, Nevada during the Mesquite Off-Road Weekend, Nitro Circus sent co-founder Tanner Gavin Godfrey on a gambling spree through the Eureka Casino. Not exactly playing the penny slots, however, Godfrey takes a tour of the hotel and casino from the saddle of his motocross bike.