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Tesla Motors to build new HQ, factory in San Jose

Darren Murph

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It's no surprise to see Tesla Motors giving even more attention to California -- after all, Los Angeles is home to its very first dealership -- and as soon as the requisite approvals go through, San Jose will become the site of its new headquarters and factory. Both facilities will be located on around 90 acres of land near Highway 237 in North San Jose, and early reports peg the city giving Tesla a 40-year lease with the first decade being "rent-free." The Golden State is also stepping in to provide a sweet tax-free rent-to-buy deal on the factory equipment, and in the end, the two projects could generate around 1,000 direct or indirect jobs. One question, Tesla: how's the employee discount?

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