That was the topic of discussion when I went on Bloomberg today. A few reasons I think it is Nevada’s to lose:
- Nevada is geographically close to Tesla’s Fremont CA plant. Northern Nevada is on a quick direct Train route.
- Northern Nevada also is the US’s only meaningful Lithium mine. Another huge deposit is located in near by Wyoming.
- Nevada’s energy prices are higher than New Mexico or Arizona but still relatively low. Tesla however plans to use Solar and wind power, both of which northern Nevada has in spades
- Texas won’t let Tesla sell cars direct to customers in the state. Arizona can’t go a year without trying to pass some crazy laws against gays, immigrants or other minorities.
- Nevada has low taxes and pro-corporate laws.
- Elon Musk likes going to nearby Burning Man
As for the cost of Li-ion batteries, Lithium is just a small bit. Cobalt and other materials are much more costly components.
FTC: We use income earning auto affiliate links. More.
You’re reading Electrek— experts who break news about Tesla, electric vehicles, and green energy, day after day. Be sure to check out our homepage for all the latest news, and follow Electrek on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our YouTube channel for the latest reviews.