Governor Brian Sandoval of Nevada last night signed a record deal green lighting Tesla Motors’ bid to build an electric car battery factory to the state.
The deal gives Tesla $1.25 billion in tax abatements, including discounted electricity for the plant.
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The factory will be one of the world’s largest buildings and is expected to bring some 6,500 jobs to the state.
Chris Sieroty of KNPR in Las Vegas tells Here & Now’s Sacha Pfeiffer where the money will come from and what’s in it for Nevada and for Tesla.
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Chris Sieroty, reporter for KNPR in Las Vegas. He tweets @sierotyfeatures.
Copyright 2015 KNPR-FM. To see more, visit http://www.knpr.org/.
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