Tesla Motors is expected to announce a planned US$250m investment in a facility in San Jose, Calif., to manufacture its Model S all-electric luxury sedan.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The company plans to break ground on the installation next summer and begin to deliver cars in late 2010.
The Tesla Roadster is assembled by Lotus in the UK.
The San Jose operation is expected to house a factory, an R&D centre, and become Tesla corporate headquarters.
The plant will be capable of turning out 15,000 Model S sedans a year, which can be ramped up to 30,000 units.

US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThe Model S will be a five-person luxury car with a range of 240 miles per battery charge. The projected cost is about $60,000.
The decision to locate production capacity in the US is thought to have been influenced by high international shipping costs and the weak dollar, while the city of San Jose has also offered incentives to locate there.