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Tesla Makes New Mexico Home

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Tesla - the very cool-looking electric sportscar we drove last year - is getting a sedan counterpart, if its inventors can help it. And the new sedan will be built in a New Mexico factory if all goes perfect, the Detroit Free Press reports.

The Tesla electric-powered, crossover sedan will get its own factory in the city of Albuquerque, to open sometime in 2009, the Freep says. The facility is only expected to cost $35 million, which leads us to believe Tesla's short-term plans include small production runs and lots of outside help.

The new sedan would be able to travel 250 miles on a charge. Tesla wants to build 10,000 of them each year.

New Mexico's governor, possible Presidential candidate Bill Richardson, says 400 new jobs are coming to his state as a result. Tesla has 160 employees worldwide now, and it plans on building its new sportscar in England starting this year.

Detroit Free Press story
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