How did Texas Lose its Bid for Tesla's 'gigafactory'?
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On July 31 2024, a month later, Gigafactory Nevada produced the 10 millionth Tesla drive unit as counted from all of Tesla's factories. According to Tesla spokeswoman Alexis Georgeson, "The purchase gives us the opportunity for future growth." In Tesla's dealings with the state of Nevada expanding the size was always an option should the company choose to do so, said Steve Hill, director of the Governor's Office of Economic Development. Tesla will receive a 10-year full abatement of personal and real property taxes, expected to be worth $246 million. 37 million worth of raw materials. Fremont were removed. A 2.5 mile rail right-of-way exists and could be built at a cost of $5 million. Wesoff, Eric (March 1, 2014). "Tesla's $5B Giga Battery Factory and Deep Politics in AZ, TX, NV and NM". Hidalgo, Jason (September 16, 2014). "Art of the Tesla deal: How Nevada won a gigafactory". Bond, Noah (September 3, 2019). "MADE IN NEVADA: Tesla". Tesla would not expand beyond original plans. At the end of 2016, Tesla and Panasonic had 477 employees and 5,591 construction workers, mostly Nevada residents, baji999 and invested $1.1b earning $59m in tax credits.
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