Tesla gets $1.25B tax break to build their Gigafactory in Nevada

(abbreviated video below)

To be honest, I think CEO Elon Musk was always planning for Nevada. There are lithium mines there. IT is a short rail ride away from Tesla’s Fremont, CA plant. The other states and redundant ground breaking was to get a better deal and keep the politicians honest.

It would appear it worked. Tesla got a sweet $1.25B tax package to build in Nevada. Breakdown below

9to5-image 2014-09-04 at 9.28.44 PM

FTC: We use income earning auto affiliate links. More.

Stay up to date with the latest content by subscribing to Electrek on Google News. You’re reading Electrek— experts who break news about Tesla, electric vehicles, and green energy, day after day. Be sure to check out our homepage for all the latest news, and follow Electrek on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our YouTube channel for the latest reviews.

Comments

Author

Avatar for Seth Weintraub Seth Weintraub

Publisher and Editorial Director of the 9to5/Electrek sites. Tesla Model 3, X and Chevy Bolt owner…5 ebikes and counting