Tesla Motors Acquires Even More Land In California

MAY 26 2014 BY ERIC LOVEDAY 12

Recently, we reported that Tesla Motors purchased a 431,000 square-foot facility in Lathrop, California.

But, as it turns out, that’s not the only chunk of land that Tesla Motors acquired recently.

Tesla's Giag Factory Graphiuc Omits California, A State Now Reportedly In The Running For The Massive Battery Factory.

Tesla’s Gigafactory Graphic Omits California, A State Now Reportedly In The Running For The Massive Battery Factory.

A Tesla spokeswoman stated that Tesla signed leases for “more than 625,000 square feet of California real estate in the last two months,” according to New Mexico Watchdog.  This leads us to believe that there’s at least one more recently acquired Tesla site in California with nearly 200,000 square feet attached to it.  We have no idea where this site is or what Tesla intends to do with it, but apparently Tesla is there too.

With all this California property claimed by Tesla, there are now more rumblings of perhaps California being the front runner for the Gigafactory.

Simon Sproule, vice president for Tesla’s communications, stated:

“Yes, California has shown interest. And, yes, conversations are going on with the state.”

We'll Just Go Ahead An Color California Back Into The "Gigafactory" Running

We’ll Just Go Ahead An Color California Back Into The “Gigafactory” Running

Wall Street Journal columnist, Allysia Finley, presents an entirely different take on the matter:

“We suspect Mr. Musk will ultimately decide to build the giga-factory in California and is merely stringing other states along while it negotiates the price tag in Sacramento. Liberals often complain about billionaires trying to buy state elections. Mr. Musk, on the other hand, doesn’t need to spend a cent since politicians give him so much for free.”

We assumed from the beginning that California would be in the running for the giga factory, but much to our surprise Tesla left California off the list of the 4 possible giga factory states.  With Sproule saying that California is indeed in the running, perhaps Tesla should provide us with an updated graphic to show California’s inclusion.

Source: New Mexico Watchdog

Categories: Tesla

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12 Comments on "Tesla Motors Acquires Even More Land In California"

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Anon

The one you want the most attention from, is the one you “ignore”..?

Does it make more financial sense to lease land for a new battery facility, rather than buy it?

Just published in WSJ: S&P rates Tesla debt as “Junk”.

http://online.wsj.com/news/articles/SB10001424052702304811904579588451769745382

Alonso Perez

It was an unsolicited rating, meaning Tesla did not pay S&P to make it. S&P will put any rating you like on paper if you pay. That’s how all those mortgage backed securities, a.k.a. “structured investment vehicles” got those AAA ratings.

So let me translate: This is S&P saying to Tesla, “Nice bond issue you have there. It would be a shame for your investors if people started dumping it.”

They want their protection racket money. That’s how they operate. Tesla committed the cardinal sin of ignoring their “services”, as it has the dealers and so many other parasites.

Spec9

“Liberals often complain about billionaires trying to buy state elections. Mr. Musk, on the other hand, doesn’t need to spend a cent since politicians give him so much for free.”

Let the hate flow through you. Yeah, as if conservatives never play the “race to the bottom” game. The SouthEast of our country is a big race to the bottom of slashing taxes, wages, union rights, and environmental regulations in order whore themselves out to who ever will bring some jobs.

Governor Brown did make a late-stage pitch for the gigafactory. I doubt California gets it though. I think Nevada makes the most sense due to cheap land, low taxes, dry environment, lithium mines nearby, relatively close to the California factory, great solar, geothermal, and wind resources.

Ted Fredrick

On one hand you say that Southern states are prostituting themselves and the other hand you say that low taxes and energy costs are a benefit for starting new business. You Sir are a closet Reublican.

TomArt

I don’t think he is agreeing or condoning what Nevada’s situation is…he’s jut pointing out that those are the main reasons why Nevada is, in his opinion, the front-runner – which is why these states are whoring themselves to begin with.

Ted Fredrick

Let me sum up what he said.

Low taxes = more jobs

TomArt

Low business taxes – us peons are screwed either way, and foot the bill for the infrastructure upgrades.

TomArt

Sad, but true.

Stimpacker

“Liberals often complain about billionaires trying to buy state elections. Mr. Musk, on the other hand, doesn’t need to spend a cent since politicians give him so much for free.”

The Tesla/EV-hating WSJ fails to note that apparently only Californian politicians give freebies. Many other state politicians are trying very hard, even adopting slimy, low-ball methods to get rid of Tesla. It’d if WSJ did a research piece and followed the money.

In a real government by the people, for the people, the politicians would be doing what’s best for the people (Gigafactory=green+jobs) instead of taking money for their reelection (personal gain). Shutting out Tesla, a made-in-America company in America itself makes the rest of the world laugh at us.

Rick

I doubt the rest of the world cares in which state Tesla puts it factory.

ffbj

It’s criminal what some states have done to themselves, in the name of business being good for their states. Good for the politician shills who are at their beck and call. Hey Ho! Way to go Ohio. Odd that Rush Limbaugh used that as his theme song for many years until the band (the pretenders) issued a cease and desist order.