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Nevada will get Tesla battery factory; NM politicians 'disappointed', but hopeful for future

Updated: 09/04/2014 6:40 PM | Created: 09/04/2014 6:20 PM
By: Kai Porter and Danielle Todesco, KOB Eyewitness News 4

ALBUQUERQUE -- Nevada will be receiving the new Tesla "gigafactory" battery factory after submitting a $1.3 billion incentives package, in another blow to New Mexico's attempts to bring more big business into the state.

Nevada had been competing with Arizona, New Mexico, Texas and California for the factory, which could cost up to $5 billion to build.

The factory also comes with about 6500 new jobs, something New Mexicans say the state desperately needed.

Major news outlets, including the Wall Street Journal and CNBC report that Nevada put together one of the largest incentive packages in the history of the U.S. automotive industry

Governor Susana Martinez said at a news conference in Santa Fe that it was "disappointing", but that she was "proud that New Mexico was a finalist, and she's hopeful [the state] will be considered for a second factory if there is one."

Martinez said Tesla praised the undisclosed incentives packaged the state offered the company to build in New Mexico.

"I'll tell you that what one of the members of the team said was, 'you have a great incentive package put together. Is there any way you can move your state closer to California where they have [our] plant?' because proximity to their plant was important to them. We have always been given accolades for our incentive program that we were providing," the governor said.

Part of New Mexico's package included giving utility companies, like PNM, the power to charge what they wanted to Tesla. A local landowner also offered up hundreds of acres of free land in an attempt to increase the incentives for the company.


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