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Katy Grimes

Money or Construction Delay at Tesla Battery Factory?

I’ve been hearing for weeks that Tesla has halted construction of its giant batter factory in Nevada, and send construction workers home. I even had colleagues in Nevada check on this for me.

But nobody has been talking. Until now.

On Friday, I saw a Tweet posted by a Clark County Nevada Commissioner who said, “Tesla Said to Cut About 30% of China Workers ; Sales department to cut half of its employees.” Another said, “How about that Tesla deal. Dramatically cut the size of the proposed building. Hired about 60 union iron workers and fired them the next day.

And finally, after weeks of rumors, the… Read More