Tesla hiring while Faraday aims to start construction - FOX5 Vegas - KVVU

Tesla hiring while Faraday aims to start construction

Posted: Updated:
(Source: AP) (Source: AP)

Tesla is hiring up to 200 employees monthly while electric car company Faraday works to start construction in Nevada.

The Nevada Appeal reports Steve Hill directs the governor's economic development office and spoke about the two companies during a Senate committee's review of his upcoming biennial budget.

Nevada granted Tesla $1.1 billion in tax breaks while Faraday received $355 million.

Hill says Tesla is expected to increase its battery factory workforce from more than 1,000 to 3,200 by March 2018.

He says he's confident Faraday is also moving forward.

The company plans to start construction on its factory in the spring.

Hill said the factory is expected to open in 2018 with capacity to produce 12,000 vehicles annually.

Information from: Nevada Appeal, http://www.nevadaappeal.com

Copyright 2017 The Associated Press. All rights reserved.

Powered by Frankly
Fox 5
Powered by WorldNow CNN
All content © 2018, KVVU Broadcasting Corporation, Las Vegas, NV and WorldNow. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.