We wrote yesterday that Nevada was preparing to announce a $500,000,000 tax incentive package for Tesla. Wrong. It is now said to be over $1,300,000,000.
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| Nevada Gov. Brian Sandoval announces that Nevada was chosen as the new site for a $5 billion Tesla Motors car battery factory, during a press conference at the Capitol in Carson City, Nev., on Thursday, Sept. 4, 2014. Tesla CEO Elon Musk, left, also spoke about the gigafactory his company will build east of Reno, bringing an estimated 6,500 jobs. (AP Photo/Cathleen Allison) |
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