Reports: Nevada Set To Get Tesla Battery Factory

(Undated) -- There are reports that Tesla is choosing Nevada as the site for its battery factory plant. There's no official word yet but Nevada Governor Brian Sandoval's Twitter page says "Stay tuned for a major announcement tomorrow at 4PM related to economic development." CNBC cites a source from the governor's office as saying specifics of the deal are still being worked out but the deal is a "go." Nevada is competing with California, Texas, Arizona and New Mexico to land the electric carmaker's five-billion-dollar battery factory.