In a project that is befuddling
industry experts and competitors, Tesla Motors Inc. is looking for
possible sites for a giant electric-car battery factory in four
Southwestern states.
The plant,
dubbed a "gigafactory" by Tesla Chief Executive Elon Musk, would be the
world's largest factory by a long shot. Mr. Musk has outlined a proposal
to spend $5 billion on it, hiring up to 6,500 workers and creating
thousands of ancillary jobs. He compares the undertaking to
auto-industry pioneer Henry Ford's early 20th century Rouge complex. It
took in iron ore and other raw materials at one end and rolled out
completed Model Ts at the other, aiming to control and cut costs at
every stage of production. (more)
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