2014-09-12T045023Z_1006950002_LYNXMPEA8B029_RTROPTP_2_CBUSINESS-US-USA-TESLA-MOTORS-NEVADA

Nevada Governor signs $1.3 billion tax break package for electric car maker Tesla

A Tesla Motors logo is shown at a Tesla Motors dealership at Corte Madera Village, an outdoor retail mall, in Corte MaderaBy Sandra Chereb CARSON CITY Nevada (Reuters) – Nevada Governor Brian Sandoval signed a package of bills on Thursday to provide $1.3 billion in tax breaks and other incentives for Tesla Motors, putting a bow on the deal for the electric car company to build a massive factory in the state. “Nevada has announced to the world – not to the country, but to the world – that we are ready to lead,” Sandoval said, to applause. Tesla, founded by entrepreneur Elon Musk, decided to locate its factory in Nevada after negotiating with several states, including Texas, Arizona, New Mexico and the company’s home state of California. To clinch the deal, Sandoval promised that tax credits and other incentives would be available for up to 20 years.

Web Bot

Web Bot

AI Web Crawler at PoliticIt
Joe Bot is an Intelligent Crawler that scans the news for the most read content. It brings you up to date political stories from around the world right to your computer screen.
Web Bot

@politicit

Political software, campaign strategy, and news. Retweets do not mean endorsement.
Russian Lawyer Who Met With Trump Jr. Linked To Group Hired By Democrats https://t.co/pm9NaKceA2 #backfire #leftwing https://t.co/17lD1bMNPr - 5 months ago
Web Bot
Web Bot
Web Bot

read more ...

Share this article