AP: Tesla Passes On Texas, Selects Nevada For Battery Plant

RENO, Nev. (September 3, 2014) Tesla Motors has selected Nevada for a massive, $5 billion factory that it will build to pump out batteries for a new generation of electric cars, according to a person familiar with Tesla's plans quoted Wednesday by The Associated Press.

The person said Nevada beat out Texas and three other states vying for the project.

The person, who spoke on condition of anonymity because no official announcement has been made, said work soon will resume on a site outside Reno.

Nevada Gov. Brian Sandoval's office said only that the governor will make a "major economic development announcement" Thursday afternoon.

A Tesla spokesman says company representatives will be at the Capitol for the announcement.

The other finalist states were California, Arizona and New Mexico.

Asked Wednesday about Tesla's upcoming announcement, Texas Gov. Rick Perry's spokeswoman, Lucy Nashed, said via email that she "would refer you to them on that."

Perry has made the use of multi-million-dollar incentive programs to lure top employers to Texas a centerpiece of his governorship.

He scored a victory in April when Toyota announced it was moving its U.S. headquarters from California to suburban Dallas.

Perry's office hasn't said what incentives it may have offered Tesla.

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