California lost out last year in a heated bidding war for the company’s $5 billion battery factory. Brown said then that he didn’t think what Tesla sought would be fair to taxpayers. Nevada won after offering $1.3 billion in tax breaks.
The Tesla credit would offset taxes for the Fremont, California.-based company to buy manufacturing, research and development equipment, buy property and hire 4,400 workers.
Regional officials say the Reno area can handle a growth spike fueled by construction of Tesla Motors’ $5 billion battery factory, but it will involve a hefty price tag with uncertainty over who will foot the bill.
Luxury electric car maker Tesla Motors is making its Model S sedan faster and safer in an effort to compete better with other high-end sedans.
Nevada Assembly Speaker Marilyn Kirkpatrick says it’s too early to say whether a huge package of tax breaks and incentives needed to land Tesla Motors Inc.’s lithium battery factory will have smooth sailing at a special legislative session next week.
Gov. Jerry Brown’s long-shot Republican challenger blasted him for failing to do enough to land a Tesla battery plant during the only scheduled debate of this year’s governor’s race.
Electric car maker Tesla Motors says it is preparing a site near Reno, Nevada, as a possible location for its new battery factory, but is still evaluating other locations.
It would employ more than 6,000 people. California is considered a long-shot, but Stockton is has been touted as a top contender.
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There was no time for Perry to stop after speaking at a fundraiser for Republican Assemblyman Dan Logue’s Congressional campaign. His SUV sped away down a California country road.
In the past few years, some of the biggest car rental companies have added the finest cars money can buy to their fleets.
Tesla is lashing out at New Jersey governor Chris Christie for backing a proposal that would force the automaker to sell its electric cars through dealers in the state instead of directly to the consumer.