Going to start this post with a picture of a beautiful car. Beautiful AND ELECTRIC. I see one every once in awhile in the 495 hot lanes and then coming out of the first exit of the Dulles Toll Road. It's a Tesla Model S. Black.
Although the news about which state got the new Tesla factory and the how's and why's of giant incentives (tax breaks to the tune of $500 million) to private companies is interesting and all, what you really want to know is in this L.A. Times article. Such as:
The "company’s founder and CEO Elon has said it would use the increased production of batteries in its new factory to drive production of a lower-priced Model 3 'mass market' electric car. Tesla has said it could market such a car at under $40,000."
Kelley Blue Book senior analyst Karl Brauer said:
“This is a critical step in Elon Musk’s long-term goal of creating a viable, high-volume electric car,”
“The battery pack makes up a sizable portion of any electric car’s total price, but if Tesla can reduce the cost of this component with its own factory, it has a real shot at producing a $30,000 electric car with a 200-plus mile range.”
“This is all about the Model 3,” said Thilo Koslowski, automotive practice leader at the technology research company Gartner. “The factory will not have a huge influence on the Model S or Model X, but they need to offer cars at a better price point. That will really ensure the longevity of this company.”
The factory is slated to open in 2017.
I wanna Tesla! Even a little Tesla.
