Taos Ski Valley in New Mexico recently became the first North American ski resort to use a fully-electric snow groomer, by putting a PistenBully 100 E into operation. This is just one of several actions the mountain village is taking to promote sustainability and achieve its pledge to reach net-zero carbon emissions by 2030.Expand Expanding Close
New Mexico is set to become the next state in the U.S. to make a clean energy commitment law, setting a goal of 100 percent carbon-free electricity by 2045.
Tesla releases shareholder report, breaks ground on Gigafactory site in Reno Nevada, Conference call at 5:30 ET
In June, we broke ground just outside Reno, Nevada on a site that could potentially be the location for the Gigafactory. Consistent with our strategy to identify and break ground on multiple sites, we continue to evaluate other locations in Arizona, California, New Mexico and Texas. The final site for the first Gigafactory will be determined in the next few months, once we have full visibility and agreement on the relevant incentives and processes for enabling the Gigafactory to be fully operational to meet the timing for Model 3. We see these concurrent efforts as prudent. This vehicle will be
our third-generation product and will substantially broaden the addressable market for Tesla, helping to accelerate the transition towards sustainable transportation. Any potentially duplicative investments are minor compared to the revenue that could be lost if the launch of Model 3 were affected by any delays at our primary Gigafactory site.
Conference call will be at 5:30 here. Stock is down in after hours on unit shipment numbers.