Still No Plant to Build Tesla Model S
Nope. Tesla still doesn't have a plant to build the Model S electric sedan, as John O'Dell of Green Car Advisor reports that the company hasn't worked out a deal with the city of Downey, California. Last month Downey's mayor, Mario Guerra, announced that Tesla would build its second model at an 80-acre site there that formerly housed a Boeing/NASA factory.
Keep in mind Tesla has said it will start selling the Model S sometime in 2011, so the clock is ticking rapidly. The company was approved for $465 million in federal loans this year, and most of that sum is designated for developing a plant to build the Model S. The loan agreement stipulates that Tesla must refurbish an existing U.S. factory.
Green Car Advisor: No Deal Yet For Tesla 'Model S' EV Manufacturing Plant, Company Says
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