Tesla Motors Inc Gigafactory To Add U.S. Manufacturing Jobs

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Tesla Motors Inc Gigafactory To Add U.S. Manufacturing Jobs
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Tesla Motors Inc (NASDAQ:TSLA) could offer a significant opportunity for getting back the manufacturing jobs in the United States, says a report from the Motley Fool’s Adam Galas. The number of manufacturing jobs in the U.S. was the highest in 1979 at 19.5 million, but it plunged 41% by 2009 as hundreds of companies outsourced production to countries such as China and Mexico where labor is cheap.

Gigafactory brings more jobs for Nevada

Tesla has selected Nevada for setting up its $5 billion gigafactory, where the company is planning to manufacture 35 GWH per year of lithium-ion battery packs, more than the global capacity in 2013 and enough for 500,000 electric cars by 2020.

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