Tesla close to deciding on a location for new factory

The San Jose Mercury News is reporting that the first Silicon Valley based car-maker is close to selecting a location for a factory to build their second model (WhiteStar). By early March they are expected to choose between two sites with one being the East Bay city of Pittsburg. They are looking at all the usual issues that come with such a decision, such as labor costs, distance from suppliers and of course the single most important factor, the tax breaks they get from the local and state governments. Albuquerque, NM is reportedly the other finalist, with the state of New Mexico offering up $20 million in bribes, incentives. The Tesla roadster will be assembled by Lotus at their plant in Hethel, England alongside the Elise upon which it is based. The WhiteStar sedan that is being developed at the new Michigan Tech Center, will be assembled at the new plant.

[Source: San Jose Mercury News]

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