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Tesla to Break Ground at 2 ‘Gigafactory’ Sites
Product Design and Development ^ | 4/30/2014 | Joel Hans

Posted on 04/30/2014 1:35:49 PM PDT by Rio

In an interview, Tesla’s Elon Musk did not quite name a winner, or even a few finalists for the company's proposed battery "gigafactory," but he did announce that he would pick two sites for construction as the company hedges its bets and emphasizes speed.

Musk was quoted by Bloomberg as saying in an interview: “What we’re going to do is move forward with more than one state, at least two, all the way to breaking ground, just in case there’s last-minute issues. The No. 1 thing is we want to minimize the risk timing for the gigafactory to get up and running.”

The plant, which comes with a proposed cost of $5 billion and the possibility to employ as many as 6,500 people, could be located in one of four states: Arizona, Nevada, New Mexico or Texas. The company has not said when they would be willing to announce the two top-runners. Musk also did not explain what would happen to the “losing” site after the company has already broke ground and decided to finish the plant elsewhere.

Either way, Musk doesn’t seem worried. “We will end up spending more money than would otherwise be the case to minimize the timing risk,” he said, also emphasizing that the company may need more than one battery factory within the U.S. Perhaps the company would keep the secondary site available for further expansion in the future.

What Musk did make clear was why California was not an option: “California has a lot of regulatory agencies, and although this will be a very green factory, we can’t have a situation where an enormous amount of data has to be processed by a regulatory agency to find no significant impact and then give us approval to proceed.”

The company plans on rolling out a Model X electric sport-utility vehicle in 2015, followed by a sedan that would sell for about the same price as a BMW 3-Series — essentially, half the base price of a $71,000 Model S.

Stay tuned for the company’s first-quarter results coming on May 7, when there is a good chance it will announce the two finalist sites for the gigafactory.


TOPICS: Miscellaneous
KEYWORDS: musk; tesla
Tesla Gigafactory
1 posted on 04/30/2014 1:35:50 PM PDT by Rio
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To: Rio

Where in Texas?


2 posted on 04/30/2014 1:43:54 PM PDT by 2ndDivisionVet (I will raise $2M for Cruz and/or Palin's next run, what will you do?)
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To: Rio

Building a battery factory for electric cars no one wants.


3 posted on 04/30/2014 1:52:27 PM PDT by Blood of Tyrants (Haven't you lost enough freedoms? Support an end to the WOD now.)
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To: 2ndDivisionVet

Texas has a problem with Telsa or vice versus. I suspect Telsa maybe trying to get
Texas to revise the franchise laws by offering to build the battery facility in Texas.
It will be large requiring some 1,000 acres and employing some 6,500 direct jobs.

Note this article from back in early Mar.

...Tesla’s ‘Gigafactory’ sets off 4-state bidding war...

http://www.usatoday.com/story/money/cars/2014/03/02/tesla-gigafactory-four-states/5891757/


4 posted on 04/30/2014 1:52:41 PM PDT by deport
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To: Blood of Tyrants

Least not in the North, not after this winter. Batteries? When 4 degrees was the high temp? bwahahah.....no thanks.


5 posted on 04/30/2014 1:56:31 PM PDT by Ghost of SVR4 (So many are so hopelessly dependent on the government that they will fight to protect it.)
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To: Rio
with more than one state, at least two

Well, that fits the definition of 'more than one'...

6 posted on 04/30/2014 2:06:19 PM PDT by rjsimmon (The Tree of Liberty Thirsts)
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To: Rio

If they want to build it in Texas I hope they don’t bring their MARXISTS/LIBERAL culture here.

We don’t want it!


7 posted on 04/30/2014 2:06:45 PM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: 2ndDivisionVet

The Texas location is rumored to be South-East of Austin, along SH-130


8 posted on 04/30/2014 2:11:22 PM PDT by Deek
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To: Blood of Tyrants
Building a battery factory for electric cars no one wants.

Tesla has sold 25,000 cars, 20,000 of those in the US. The current back order delay is about 40-90 days, depending on the model.

9 posted on 04/30/2014 2:18:59 PM PDT by Bubba Ho-Tep ("The rat always knows when he's in with weasels"-- Tom Waits)
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To: Ghost of SVR4

Reviews out of Norway, where it’s been on sale a while, have been positive and there were tests done in winter weather in Minnesota that showed about a 10% drop in range, to about 200 miles. Supposedly the individual control to the four electric motors gives it excellent snow and ice handling.


10 posted on 04/30/2014 2:23:23 PM PDT by Bubba Ho-Tep ("The rat always knows when he's in with weasels"-- Tom Waits)
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To: Bubba Ho-Tep

Sold to rich liberals. What does a Tesla go for? $90k? That is the price of a starter home in many parts of the country.


11 posted on 04/30/2014 2:23:32 PM PDT by Blood of Tyrants (Haven't you lost enough freedoms? Support an end to the WOD now.)
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To: Blood of Tyrants

What’s your point? That a business selling luxury goods is evil?


12 posted on 04/30/2014 3:01:37 PM PDT by Bubba Ho-Tep ("The rat always knows when he's in with weasels"-- Tom Waits)
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To: Blood of Tyrants
What does a Tesla go for? $90k? That is the price of a starter home in many parts of the country.

The longer range cars go for about that. The performance model goes for a bit more. The 65KW version has a max range of 230 miles under ideal conditions. That is 55mph, no wind and no heat. It goes for somewhere around 70K minus the tax rebates. From what I've read, they want to get the price down to ~$35K for a 65KW car.

13 posted on 04/30/2014 3:02:25 PM PDT by EVO X
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To: Blood of Tyrants

57K for the base model.

CA....


14 posted on 04/30/2014 3:05:21 PM PDT by Chances Are (Seems I've found that silly grin again....)
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To: Bubba Ho-Tep

I would like them to succeed in breaking the antiquated dealership (scam) model.


15 posted on 04/30/2014 3:06:47 PM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: Rio

how much will this cost taxpayers?


16 posted on 04/30/2014 3:12:41 PM PDT by GeronL (Vote for Conservatives not for Republicans!)
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To: Bubba Ho-Tep

No, but I doubt that there is more than a limited market for $90k cars.


17 posted on 04/30/2014 3:37:20 PM PDT by Blood of Tyrants (Haven't you lost enough freedoms? Support an end to the WOD now.)
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To: Blood of Tyrants

I believe they’re doing a business model from luxury, then mid range , then economy.


18 posted on 04/30/2014 3:39:27 PM PDT by EEGator
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To: Blood of Tyrants

The US government will blackmail some actual car company to absorb Tesla. Tesla makes almost no money on $90k cars. (Their ‘profit’ comes from ‘Zero Emmisions Vehicle’ credit).

It’s a ‘too Green to fail’ company.


19 posted on 04/30/2014 3:47:29 PM PDT by jjotto ("Ya could look it up!")
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To: Bubba Ho-Tep

Why do you immediately start calling people anti-capitalist the minute they question the need for mega factory to produce batteries for cars only rich liberals will buy?


20 posted on 04/30/2014 3:48:18 PM PDT by Blood of Tyrants (Haven't you lost enough freedoms? Support an end to the WOD now.)
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To: EEGator

Looks like it...the Tesla “Model E” is coming after the “Gigafactory” is online, starting at about $32K?


21 posted on 04/30/2014 3:58:16 PM PDT by Drago
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To: Drago

I’ve read varying price estimates, but yes, you’re correct.

It will be interesting to see if it works.(business plan)


22 posted on 04/30/2014 4:06:24 PM PDT by EEGator
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To: Rio

Ooooh the green California company funded by tax payer dollars isn’t going to help Jerry out???


23 posted on 04/30/2014 4:14:26 PM PDT by Nifster
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To: Bubba Ho-Tep

and the real world driving experience has shown battery drops of 50 %


24 posted on 04/30/2014 4:15:32 PM PDT by Nifster
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To: Blood of Tyrants

Why do you immediately start playing the class warfare card, comparing the price of a luxury car to a house? Do you complain about Ferrari? Why do you question a manufacturer’s decision to expand domestic production capacity to meet demand by saying their product costs too much?


25 posted on 04/30/2014 4:17:54 PM PDT by Bubba Ho-Tep ("The rat always knows when he's in with weasels"-- Tom Waits)
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To: Blood of Tyrants

It’s a business decision. Let Elon Musk invest his money how he chooses and
suffer the consequences up or down.


26 posted on 04/30/2014 4:29:12 PM PDT by deport
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To: Bubba Ho-Tep

FU. I question everything.


27 posted on 04/30/2014 5:20:01 PM PDT by Blood of Tyrants (Haven't you lost enough freedoms? Support an end to the WOD now.)
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To: Blood of Tyrants

And I question you. So it’s a big happy circle of questioning.


28 posted on 04/30/2014 6:43:52 PM PDT by Bubba Ho-Tep ("The rat always knows when he's in with weasels"-- Tom Waits)
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To: Blood of Tyrants

They make a good car. Picks up fast, good performance & prices are not nearly as bad as you’d think for what you get.

http://www.fool.com/investing/general/2013/08/25/0-to-60-2013-ford-mustang-gt-gets-burned-by-electr.aspx

http://www.teslamotors.com/blog/2013-model-s-price-increase


29 posted on 05/01/2014 12:18:22 AM PDT by leapfrog0202 ("the American presidency is not supposed to be a journey of personal discovery" Sarah Palin)
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To: Blood of Tyrants

Why do you immediately start calling people anti-capitalist the minute they question the need for mega factory to produce batteries for cars only rich liberals will buy?


What makes you think only rich liberals will buy these cars?

There are many other cars that cost as much or more and other people besides liberals buy those.


30 posted on 05/01/2014 12:20:12 AM PDT by leapfrog0202 ("the American presidency is not supposed to be a journey of personal discovery" Sarah Palin)
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To: Bubba Ho-Tep

Thank you. I live in NM, which is in the running and I know that our state could definitely use the jobs and the money that the factory will bring.


31 posted on 05/01/2014 12:21:22 AM PDT by leapfrog0202 ("the American presidency is not supposed to be a journey of personal discovery" Sarah Palin)
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To: Blood of Tyrants

Its a good car. I would buy it if I had the money. I will wait for the $50k car version in 3-4+ years


32 posted on 05/01/2014 7:24:04 PM PDT by 4rcane
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