Newspaper article from our research archive:

Tesla Motors Plans To Stay in California ; Company opts out of building electric car factory in New Mexico

The "Governator" has prevailed at New Mexico's expense.

Tesla Motors, which planned to build an electric car factory in Albuquerque, will instead build it in California, where the company has been offered millions in incentives by a state eager to invest in energy alternatives.

Calif. Gov. Arnold Schwarzenegger joined company officials at Tesla's Silicon Valley headquarters to announce the agreement Monday.

Schwarzenegger had been seething since the company announced plans last year to manufacture a $60,000, allelectric sedan in the Duke City, according to published reports.

"If California was a baseball team, this would be like winning the first-round draft pick and recruiting a player ...

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