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Manufacturing

Tahoe-Reno Will Be the World’s Battery Capital

Tesla's $5 billion Gigafactory will be worth nearly $100 billion to Nevada over 20 years, according to the state's Governor Brian Sandoval and Tesla Motors CEO Elon Musk, who announced plans to build the lithium-ion battery plant in the northern part of the state in the Tahoe Reno Industrial Center. In return, Nevada is expected to allow Tesla billions of dollars in tax breaks.   More