RENO, Nev. -

Tesla Motors has selected Nevada for a massive, $5 billion factory that it will build to pump out batteries for a new generation of electric cars.
A person familiar with Tesla's plans said Wednesday that Nevada beat out four other states which were vying for the project, including California.
The person, who spoke on condition of anonymity because no official announcement has been made, said work soon will resume on a site outside Reno.
Nevada Gov. Brian Sandoval's office said only that the governor will make a "major economic development announcement" Thursday afternoon. A Tesla spokesman says company representatives will be at the Capitol for the announcement.
The other finalist states were California, Texas, Arizona and New Mexico. There was talk about the new battery plant possibly opening near the Salton Sea as well.

"I am very disappointed that the State Legislature did not reach an agreement on an incentives package to bring Tesla's Gigafactory to California, foregoing thousands of jobs in our community," said Congressman Raul Ruiz. "Regardless of the state's action, I will continue to fight for future considerations to bring Tesla and new jobs to the Coachella Valley. We must continue to work to create opportunities for public/private partnerships that will create jobs to improve our economy and the Salton Sea," Ruiz added.

State Assemblyman Brian Nestande also weighed in on Tesla's decision.

"This proves once again, California needs to lessen regulations and lower taxes to be competitive with other states for these highly skilled, good paying jobs," Nestande said. "Throughout my tenure in the legislature I have fought for regulatory form, a simplified tax code and equal application of the law to all businesses."