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July 31, 2014

Reno Is Tesla's First Choice As A Gigafactory Site

THIS IS NOT AN OFFICIAL COMPANY NEWS RELEASE
- FOR THE INFORMATION OF SHAREHOLDERS AND INTERESTED PARTIES ONLY -




Forbes - July 31, 2014

Reno Is Tesla’s First Choice As A Gigafactory Site

Tesla Motors Tesla Motors made it official on Thursday: it has broken ground outside Reno, Nevada, for the first potential site of its $5 billion gigafactory plant.

Tesla CEO Elon Musk disclosed the location in a letter to shareholders that accompanied Tesla’s second-quarter results. It has long been rumored that Reno stood the best chance of becoming a gigafactory semi-finalist. And in fact, Musk said that Tesla actually broke ground at the Reno location last month.

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