New Mexico Seeking To Avoid Past Tesla Mistakes

Mar 20, 2014

SANTA FE, N.M. (AP) — State officials are hoping to avoid the mistakes of six years ago after Tesla Motors opted not to build an auto manufacturing plant in New Mexico.

The Santa Fe New Mexican reports that New Mexico officials are discussing a variety of options in an effort to lure Tesla into building a lithium-ion battery factory in the state.

New Mexico is one of four states identified as finalists for a lithium-ion battery factory that would supply the company's Fremont, Calif., assembly plant. Others are Arizona, Nevada and Texas.

In 2007, Telsa announced that it would build a $35 million auto manufacturing plant in New Mexico. But the plant never opened after California gave the company a sweeter tax-incentive deal.

Gov. Susana Martinez says she would call a special legislative session if needed.