News
Tesla Gigafactory Sparks Real Estate Surge in Nevada

“I want land, I want a good deal and I want it near Tesla’s new Gigafactory.”
If you’re in real estate, an investor or just watch the news you know there has been a high demand for land near Tesla’s new Gigafactory located in the Tahoe Reno Industrial Park.
Vacant land surrounding the Gigafactory has been on sale for many years but with minimal interest from buyers. Once the announcement came that Tesla was building the world’s largest battery factory within the vicinity, interest around land and real estate has come pouring in from every outlet.
A significant amount of deals have been completed with little to no knowledge to the public and LLC’s are being created to mask the actual purchaser. If you drive out to the Industrial Park you’ll see signs all over USA Parkway saying “Land for Sale”. Six months ago these signs rarely existed or would be overlooked with no interest. Not anymore!!
I had a call from a client stating “I have $5 Million and I want an apartment complex near Tesla” … Yes, that sounds great but you know this investor was not from the area or knew very little about the land he wanted to buy. The Tahoe Reno Industrial Park is just that, an Industrial Park, not a place to have residential housing. The companies in the Industrial Park may produce smells and loud noises that are not too conducive to residential or mulit-family housing but there is a plan for a Hotel located right off USA Parkway not too deep into the park. Tesla’s announcement has brought more than just construction jobs, their supply chain and lots of talk. It brought money to the area.
“I have $5 Million and I want an apartment complex near Tesla”
Just a short 15 minute drive west is the cities Reno and Sparks (separated by a freeway). On August 19th, 2014 a 296-unit apartment complex called Eastland Hills was purchased for $27.5M and created a lot of talk in the area. Many attributed this purchase to Tesla and our local news paper the Reno Gazette Journal calling it the “Tesla Touch”.
Reno Sparks Tahoe Homes reported another apartment complex just a half of a mile away from Eastland Hills, a 256-unit luxury garden style complex Villas at D’Andrea was purchased for $32M on December 18th, 2014. You can see how months later the Tesla Gigafactory announcement is still having a large impact on the community.
When it comes to buying vs building the Reno/Sparks market is finally at a breakeven point. We have low re-sale inventory, approximately 2.6 months when the norm should be around 6 months of inventory. This has been putting pressure on new construction. We have lots of new developments opening in the area and even though we’re 15 minutes away from the Tesla Gigafactory, land is being scooped up all over.
What are you waiting for?
by Candy Noel
Real Estate Professional at RenoSparksTahoeHomes.com

News
Elon Musk slams MSNBC for relating Trump’s terrorism warning to Tesla “protests”
“So just to be clear, you protest a private company, you are labeled by this administration a domestic terrorist,” MSNBC noted.

Tesla CEO Elon Musk has sharp words for MSNBC after the media outlet related U.S. President Donald Trump’s warning about attacks on the electric vehicle maker and its customers to acts of protest.
As per Musk, such a relation is insane, as extreme actions that have been taken against Tesla are not legitimate forms of protest.
Tesla Attacks
Amidst Elon Musk’s work with the Trump administration and his increasingly political nature, attacks against Tesla have seen a notable rise in the past months. Tesla showrooms have been shot up, vandalized, and set on fire in acts of alleged arson. Supercharger stations have also been set on fire. One Tesla store was even attacked with Molotov cocktails.
Worse, even private Tesla owners have seen their vehicles get attacked by vandals and critics. One Cybertruck owner noted on social media that one of his passengers actually got physically hurt when an anti-Tesla activist attacked his all-electric pickup truck.
In response to these attacks, Trump shared a stern warning to would-be Tesla attackers. As per Trump, anyone that hurts an American company, “especially a company like this that supplies so many jobs that others are unable to do,” will go through hell when they are apprehended.
MSNBC’s Response
In a segment, MSNBC framed the U.S. President’s warning as Trump simply looking out for a fellow billionaire—one whose company is failing. Interestingly enough, the media outlet’s hosts and panel did not mention or acknowledge any of the violent and dangerous attacks that have been directed at Tesla and Tesla owners as of late.
“You also, overnight, have his post claiming that protests at Tesla dealerships are illegal. He (Trump) said today he would label violence against dealerships domestic terrorism… So just to be clear, you protest a private company, you are labeled by this administration a domestic terrorist,” MSNBC noted.
Musk Strikes Back
Musk did not mince words in his criticism of the media outlet. In response to a video shared on X of MSNBC’s segment, Musk wrote, “Wow, they’re totally insane.” Musk also clarified the rather simple distinction that while peaceful protests are no issue, shooting Tesla stores and burning Superchargers are a step too far.
“Death threats, shooting up Tesla stores, and burning down Superchargers are definitely not “legitimate forms of protest!”” Musk wrote in his post.
News
Rivian supports Tesla despite all the Elon Musk hate

Rivian CEO RJ Scaringe showed some support for Tesla despite all the Elon Musk hate that has been spreading. Scaringe’s stance on all the Tesla amid the protests and vandalism starkly differs from what seems to be the popular opinion lately.
RJ Scaringe attended the South by Southwest (SXSW) event in Austin earlier this week. The Rivian CEO briefly talked about Tesla and its current predicament.
“When we look at Tesla and other manufacturers, I think it’s incredibly important that we have [a] choice. We need Tesla to be successful, we need other manufacturers to be successful,” answered Scaringe graciously.
In the past, Scaringe has talked about the electric vehicles industry’s growth and how EV automakers need to offer different designs to help it expand. He acknowledges that Tesla started the current EV revolution and once called it a “very inspirational” company. However, the Rivian CEO also encourages EV automakers to make their own mark in this rising industry.
“If you’re a consumer that’s thinking about buying a car and you want to spend less than $50,000, there are just not that many great electric options,” Scaringe noted during his SXSW appearance.
He noted that the base Tesla Model Y is less than $50,000 but also pointed out that it might be someone’s design or brand preference. In Rivian’s case, nature lovers were attracted to the company’s designs and features.
“I was sort of fortunate [to attract buyers who like nature]. I love the outdoors, active sports, and things like that,” Scaringe said. “But there’s also a strategy to realize that if we can build a product that enables and inspires people to be outdoors, it’s going to help people to want to be active participants in sustainability.”
Rivian signed a 2-year headlining sponsorship agreement with SXSW. It has planned plenty of fun activities and exhibits for the annual festival, including an Electric Roadhouse space inspired by Texas Roadhouse.
Rivian R1T and R1S demo drives are available at SXSW until the end of the event on March 15, 2025. The Rivian R2 will also be on display during the festival.
News
Meta taps X’s open-source algorithm for its own Community Notes system
Meta’s shift to a Community Notes-style fact-checking system was mentioned by CEO Mark Zuckerberg back in January.

Meta Platforms Inc. will begin tests of its Community Notes program, a crowd-sourced fact-checking system modeled after Elon Musk’s X, on March 18. Meta intends to use Community Notes on Facebook, Instagram, Threads.
The announcement was posted by Meta in a blog post on its official website.
Tapping Into X’s Model
Meta’s shift to a Community Notes-style fact-checking system was mentioned by CEO Mark Zuckerberg back in January. At the time, the CEO noted that Meta’s third-party fact-checkers had become “politically biased.” Interestingly enough, Meta’s Community Notes will build on X’s open-source algorithm.
As per the social media giant in its blog post: “We won’t be reinventing the wheel. Initially we will use X’s open source algorithm as the basis of our rating system. This will allow us to build on what X has created and improve it for our own platforms over time,” Meta wrote in its blog post.
Building on X’s System
Meta did note that it could eventually develop and explore adjusted iterations of the Community Notes system in the future. The company, however, remained optimistic that its X-inspired crowd-sourced fact-checking system would be “less biased than the third party fact checking program it replaces.”
“As X’s algorithm and program information is open source – meaning free and available for anyone to use – we can build on what X has done, learn from the researchers who have studied it, and improve the system for our own platforms. As our own version develops, we may explore different or adjusted algorithms to support how Community Notes are ranked and rated,” Meta wrote.
Experts Question Approach
Meta’s shift to a crowd-sourced fact-checking system has received polarizing reactions. Dan Evon of RumorGuard warned that Meta’s decision “not only removes a valuable resource for users, but it also provides an air of legitimacy to a popular disinformation narrative: That fact-checking is politically biased. Fact-checkers provide a valuable service by adding important context to the viral claims that mislead and misinform millions of users on Meta,” as noted in a report from the Associated Press.
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