Report

Tesla will build first Gigafactory in Nevada

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.

Reno was first confirmed as a serious candidate for one of the Gigafacatory locations during Tesla's most recent shareholder call at the end of July, when the automaker said it had broken ground on a potential location there. Speculation was swirling before that that Reno would be chosen first. Tesla wouldn't directly confirm what the subject of tomorrow's announcement would be, but did give AutoblogGreen a statement that said, "Tesla looks forward to joining Governor Sandoval and legislative leaders tomorrow in Carson City at 4 pm for a major economic development announcement." We'll let you decide.

When it announced the $4-5-billion Gigafactory, Tesla said it would provide up to 6,500 jobs and make enough batteries to supply 500,000 Tesla electric vehicles a year, in particular the company's next vehicle, the lower-cost Tesla Model 3. Of course, Tesla also said it would not announce the location of the battery plant until "late 2014," so we'll take everything with a grain of salt for now.

Recently, the California Budget Project suggested the five states in the running for the first Gigafactory should work together so as to not give too many tax benefits to Tesla. We should find out tomorrow how much Nevada "spent" to attract the new battery plant and a host of other details.
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**Media Advisory** Governor Brian Sandoval to Host Press Conference for Major Economic Development Announcement
Contact
Mari St. Martin
Communications Director
(702) 250-8210
mstmartin@gov.nv.gov
Carson City, NV - September 03, 2014

Governor Brian Sandoval will host a press conference tomorrow, Thursday, September 4th, for a major economic development announcement.

TIME: 4:00 p.m.

WHAT: Press Conference

WHO: TBD

LOCATION: Capitol Building
101 Carson Street
Carson City, NV 89701

MEDIA: RSVP to confirm location
Press set-up to begin 30 minutes before press conference

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Office of the Governor . 101 North Carson Street . Carson City, NV 89701 . (775) 684-5670
Grant Sawyer State Office Building . 555 East Washington, Ste 5100 . Las Vegas, NV 89101 . (702) 486-2500

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