Lawmakers To Review Billion Dollar Tesla Package
Nevada lawmakers are gathering at the state Capitol in Carson City in anticipation of a special session to consider an extraordinary package of tax breaks and incentives for Tesla Motors. Aides to Republican Gov. Brian Sandoval said earlier they expected a special session to begin at noon today to consider the package, worth up to $1.3 billion, to seal the deal to bring the electric carmaker's $5 billion battery 'gigafactory' to an industrial park east of Sparks.
Over the next 20 years, Sandoval says the lithium battery plant would generate up to $100 billion for Nevada's economy. Legislators still were waiting late Tuesday for his formal order to authorize the special session expected to last one to three days.
Copyright 2015 KNPR-FM. To see more, visit http://www.knpr.org/.