NEVADA SAYS TESLA'S POSSIBLE TAX BREAKS STAY SECRET, FOR NOW
Techlife News|Techlife News #588
The details of any potential tax breaks for Tesla’s $3.6 billion expansion of its Nevada factory will remain secret until late February, under a nondisclosure agreement that state officials signed with the electric carmaker.
NEVADA SAYS TESLA'S POSSIBLE TAX BREAKS STAY SECRET, FOR NOW

The governor’s economic development office will release the tax-abatement request on Feb 27, just three days before the office votes on whether the planned factory expansion is eligible to receive those tax breaks, spokesperson Gregory Bortolin said. He said the nondisclosure agreement means he can’t give exact figures for any possible tax abatements.

Tesla, run by billionaire CEO Elon Musk, intends to produce high volumes of semi-trucks and make enough cell batteries for 2 million light-duty vehicles annually in Nevada.

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