Send me a link:

*Only U.S. numbers are accepted. Text messaging rates may apply.

  • Find Channels

Categories

Wochit

Tesla Plans New Battery Factory; Will Employ 6,500

Electric car maker Tesla Motors said it's considering sites in Nevada, Arizona, New Mexico and Texas for a massive battery factory that would employ around 6,500 people. Tesla&... More Electric car maker Tesla Motors said it's considering sites in Nevada, Arizona, New Mexico and Texas for a massive battery factory that would employ around 6,500 people. Tesla's share rose nearly 3 percent to $259.90 in after-hours trading. The Palo Alto-based company says it will invest $2 billion in the 10 million square foot factory, which will cost between $4 billion and $5 billion. But it plans to begin making a crossover, the Model X, later this year, and wants to bring a lower cost, mass market vehicle to market in 2017. Less

Editors' Picks

Comedy Central

POPSUGAR

Comedy