Musk probably needs all the ranchers and turtles kicked off the land he wants to use too. Harry Reid will get right on that.
No more government favoritism. All corporations should have a level playing field
Money which the tax man doesn’t collect is not a “cost.” If you get bent out of shape over this, you should see what California does for the film industry.
Once again, “alternative energy” is shown to be simply a way to convert tax money into rewards for Friends of Government.
So, about $50,000 per car?
crazy
You get a tax break just by being in state like Nevada which has no state income tax.
Unsustainable, rent seeking... could be the next Solyndra
More tax breaks for all!
Of course it does.
Employees = 6,500
Tax Costs Per Employee = $3,000,000,000/6500 ~= $460,000 per worker
Tax Breaks for 6 years till 2020 so Tax Costs Per Employee Per year = $460,000/6 ~= %76,700
What a rip off. If this goes through bend over tax payers of NV Elon is coming after you.
If the schemes the shysters promote are as profitable as they claim, there should be private investors begging them to take their money.
Well then they can go F-— themselves.
Sooo, Tesla is not building a battery factory, the tax payers are. If it was not for green energy credits Tesla would be loosing there ass
The whole electric car fad is a giant bubble.
Tesla’s initial public offering of common stock was at $17 per share. Today Tesla stock closed at $277.30. Someone who bought 100 shares in 2010 for $1,700 can sell that hundred shares today for $27,730 before capital gains.
The Republican Governor of Nevada, Brian Sandoval who negotiated this deal with Elon Musk of Tesla says he expects Nevada will realize $100 billion in revenue.
http://www.latimes.com/topic/business/manufacturing-engineering/automotive-equipment/tesla-motors-inc.-ORCRP006147-topic.html