[LastDayz]

Question(s) ..... is this facility enjoying a robust tax abatement and if it is, what’s the time frame?

[Drago]

Travis Co., TX offered $14.7 million back in 2020, TX state offers were much larger...might total in the billions. The county’s deal seems cheap for 5,000 jobs coming to the county instead of elsewhere. The state not so much, although many many companies are offered “deals” by government to relocate. Guess you have to figure the “cost per job/new revenue” for the Tesla deal vs. other deals government has made.

https://www.thestreet.com/investing/tesla-tsla-tax-breaks-texas-gigafactory-cybertruck

https://www.texasmonthly.com/news-politics/tesla-giga-factory-austin/

Best article but “paywalled”:
https://www.houstonchronicle.com/business/article/Tax-break-program-to-cost-Texas-1-billion-a-year-15507765.php

[Red Badger]

Don’t know. It’s Texas, probably didn’t need it................