Tesla Motors

Nevada lawmakers approve $1.25-billion Tesla deal with a 21-0 vote

Nevada lawmakers approve $1.25-billion Tesla deal with a 21-0 vote

In a late Thursday move, the Nevada Legislature gave its approval to the $1.25 billion Tesla deal, under which electric vehicle maker Tesla Motors' $5-billion lithium battery gigafactory will come up at the Tahoe Reno Industrial Center in Northern Nevada.

The $1.2 billion Tesla deal was brokered by Nevada's Gov. Brian Sandoval. Tesla's battery plant in Northern Nevada is projected to add 6,500 gigafactory jobs and nearly 22,000 ancillary jobs.

Gigafactory to Generate around 22,000 Jobs in Nevada

Gigafactory to Generate around 22,000 Jobs in Nevada

Tesla Motors and Nevada officially announced Thursday that the "Gigafactory", the biggest lithium battery factory in the world, will be set up in Nevada.

Nevada Gov. Brian Sandoval unveiled that the factory is most likely to create almost 22,000 new jobs and can even add $100 billion to the state's economy in the coming 20 years. The deal is very essential for the state and has the potential to change Nevada forever, said Brian.

Consumer Reports notices minor issues with Tesla Motors Model S

Consumer Reports notices minor issues with Tesla Motors Model S

A host of media publications had praised Tesla Motors' Model S sedan last year, however many now say that the model has its own set of problems. Consumer Reports has also noticed small issues with the model.

The model with its innovative electric technology has been able to impress staff at the influential U. S. consumer magazines as it offered smooth, effortless glide and clever, elegant simplicity. Consumer Reports said in a statement on Monday that there are some issues that may affect consumer perception towards the model.

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