Gov. Sandoval of Nevada held a conference in Carson City yesterday and announced the decision of Tesla Motors' CEO Elon MUsk to build his battery plant in Nevada. The $5 billion plant will be completed by 2017, employing up to 6500 employees. Panasonic is a partner in the plant providing 30-40% of its cost and supplying battery technology expertise. Musk says this will accelerate the time frame for marketing a 200 mile range vehicle that will sell for $35,000.
At a time when state unemployment figures are still too high following the 2008 Great Recession, the announcement was welcome news, especially to the long term unemployed. Tahoe Basin residents were also enthused because of the easy access to Carson City over Highway 50 and Spooner Summit. It could also prove to be a boon to lakeside hotels and resorts, including Heavenly Valley and the soon-to-be-built Homewood Mountain Resort on the west shore.
Tahoma residents would would also benefit as locals look to Homewood as a source of future employment opportunities. Cheers to Elon Musk.
Mad Vlad Putin is probably not happy: he was hoping the gigafactory would be built in the Crimea, or maybe Moscow.
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