Elon Musk appears to enjoy the thrill of the competition between states for the Gigafactory so much that he’s actually pitting the two best competitors against each other. In the final round of this Tourney, Tesla will build two
Bloomberg has some details:
“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,” Musk, Tesla’s chief executive officer, said in an interview this week. “The No. 1 thing is we want to minimize the risk timing for the gigafactory to get up and running.”
The new plant, requiring as much as $5 billion to build and ultimately employing as many as 6,500 people, is part of Musk’s vision of turning Palo Alto, California-based Tesla into the world’s dominant electric-car maker. Along with making batteries that are 30 percent cheaper than are now available, the plant would supply packs to Musk’s SolarCity Corp. (SCTY), letting homes and buildings with solar panels store energy they generate.
It is a good move and keeps the traditionally corrupt state politicians honest as long as possible. It also lets Tesla delay making a final decision until details are fleshed out.
One state, however, will be plenty pissed off when it is all said and done.