Tesla wins $330 million in tax breaks from Nevada

Money MattersLeases & LoansElectric VehiclesHigh Tech / High Touch
Written By Jennifer Joslyn

🌵 Tesla wins $330 million in tax breaks from Nevada.

Additionally, the approval of a sprawling Tesla vehicle battery facility east of Reno will include the construction of a long-awaited electric semi-truck factory. Tax breaks in the state will result in a total of $330 million relief for the electric vehicle manufacturer as they agree to provide the state with good-paying jobs and a nearly decade-long boost to the local economy around the planned factory.

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Jennifer Joslyn
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