Pressure Is On Tesla To Complete Massive, Taxpayer-Subsidized Battery Factory

 

Tesla Motors is racing to complete its $5 billion, government-subsidized lithium battery factory in an effort to meet demand for the Model 3. Nearly 1,000 workers are working around the clock to complete Tesla’s “gigafactory,” which is expected to mass-produce lithium ion batteries at a site near Nevada by 2016. Tesla received $1.4 billion in taxpayer…