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Inside Arizona’s Bold Move to Win Tesla Motors’ Gigafactory (TSLA)

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Four states are now in the running to become the site location for Tesla Motors’ (NASDAQ: TSLA ) $5 billion lithium-ion Gigafactory. Arizona, Texas, Nevada, and New Mexico are all fighting for a chance to bring billions of dollars and upwards of 6,500 high-paying jobs to their respective states. However, Arizona may have taken the lead this week as a state Senate panel approved a bill that would allow Tesla to bypass auto franchise laws in the state.

The final four
Tesla Motors is locked in brawls with auto dealers in certain states that say Tesla is operating outside the law by selling its all-electric cars directly to consumers. New Jersey joined Texas and Arizona last week to become the third state to prohibit Tesla’s direct sales model. On March 11, Gov. Chris Christie’s administration unanimously voted to ban direct car sales in the Garden State, thus passing arule that will force Tesla to stop selling its cars in New Jersey as soon as April 1.

More http://www.fool.com/investing/general/2014/03/23/inside-arizonas-bold-move-to-win-tesla-motors-giga.aspx

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