The Canadian PressFebruary 26, 2014 19:48
PALO ALTO, Calif. - Electric car maker Tesla Motors said Wednesday it's considering sites in Nevada, Arizona, New Mexico and Texas for a massive battery factory that would employ around 6,500 people.
The company didn't immediately name the locations it's considering in those states. Tesla plans to start construction this year and complete the factory — which it dubs its "Gigafactory" — in 2017.
Tesla's share rose nearly 3 per cent to $259.90 in after-hours trading.
The factory would supply lithium-ion batteries to Tesla's Fremont, Calif., assembly plant.