Tesla reportedly plans to hire 3,000 workers at its Nevada-based factory—if the tax abatement is approved on Thursday.
in 2014. When you combine both its 2014 investment and project expansion where the automaker received$10 billion in capital investments between 2014 and“The tax breaks for the first phase will phase out next year in 2024,” Mike Kazmierski, president of the Economic Development Authority of Western Nevada toldearlier this month.
“And when that happens all the revenue from that manufacturing equipment tax will go right into our economy. We are one of only eight states in the nation that taxes manufacturing equipment and that was the bulk of the abatements afforded to Tesla nine years ago.
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