NEW MEXICO IS ONE OF THE STATES BEING CONSIDERED FOR THE SITE OF TESLA MOTORS' PLANNED BATTERY FACTORY. FURTHER DETAILS ON THE 2-BILLION DOLLAR FACILITY ARE EXPECTED NEXT WEEK … BUT IT'S UNKNOWN IF THE LOCATION WILL BE ANNOUNCED AT THAT TIME.
THE FACTORY WOULD BRING WITH IT 2-THOUSAND JOBS. TESLA CEO ELON MUSK SAYS THE FACILITY WILL ALLOW FOR A MAJOR REDUCTION IN THE COST OF BATTERY PACKS FOR THEIR ELECTRIC VEHICLES.
TESLA SEVERAL YEARS AGO CONSIDERED BUILDING A PLANT ON ALBUQUERQUE'S WEST SIDE … BUT OPTED INSTEAD FOR PALO ALTO, CALIFORNIA.
