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Tuesday, April 01, 2014 7:26:39 PM
Tesla lithium battery GigaFactory would be a huge game-changer for Nevada, and of course us- the shareholders of AMEL. $$$$$$$$$$$$
From a logistics and cost standpoint, it is hard to argue against Nevada. The state is on the main rail freight lines. In addition, Nevada is on the main transcontinental highways and this state is at the hub of both an East-West and North-South highway system. Nevada is in much closer proximity to Tesla's Fremont manufacturing plant, with a short, straight shot by road or rail. This state has no corporate income tax. Nevada has duty-free warehousing. And this state has great real estate available in the biggest tech park in the US. Moreover, Nevada has tons of renewable energy in geothermal, wind and sun.
Tesla has publicly stated that it intends to source the minerals for the batteries domestically. Nevada has the only active Lithium mine in the US and many other lithium deposits that could be tapped. Nevada is only a relative stone's throw from the only active rare earths mine in the US, at Mountain Pass. This state has untapped graphite reserves in shuttered mines that could go online pretty quickly. Cobalt, potash, copper, manganese and a whole host of other necessary minerals can be mined in the vast expanses of public land in Nevada.
Nevada will be the new home for Tesla’s Gigafactory.
Go AMEL$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
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