February 27, 2014 in Business and Finance by Business
 | have confirmation tonight about something that could electrify albuquerque's future. as many 65 hundred new jobs--- possibly coming our way. today "tesla motors" announced albuquerque is one of the finalists for a factory to build batteries for its electric cars. tesla says it has narrowed it choices to 4 sites. they are albuquerque..... reno, nevada.... arizona and texas. many of you might remember, tesla said it was going to build cars in albuquerque....an d we got all excited. then in 2008, it changed its mind and went to california. so could this be a make good...an electric olive branch. it's too early to tell. tesla says it's ready to invest 2 billion in what it calls its gigafactory...and its partners are ready with another 3 billion. sales of tesla's model s sedan--that starts at about 70 thousand---have been limited by a battery shortage. analysts say tesla needs more batteries if it's to make its third-generation vehicle, an electric sedan that will be sold for less than 40 thousand dollars. telsa says it hopes to select a site this year, and begin making the electric car batteries in 2017. |
View the full article
Tags: Entrepreneurship
