Tesla Snubs California's Bid for $5 Billion 'Gigafactory'

Tesla Motors, a Palo Alto based motor company that has led the auto industry in eco-luxury vehicles in the last few years, recently ruled out California's bid to develop a $4-to-$5 billion battery factory that is projected to employ 6,500 workers.

The Rise of Tesla Motors Stock and How Elon Musk Will Grow the Brand

By Matthew Reis
Tesla Motors isn't your ordinary car company.
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