Tesla has submitted an application for $68 million in tax incentives to build an electric vehicle manufacturing facility in Austin, Texas, according to an application with the Texas Comptroller’s office.
Tesla paid $150,000 on May 21 to file the application for land owned by the Del Valle Independent School District in the Austin area. The incentives would save Tesla money on its property tax bill paid to the school district by capping the property value for 10 years.
The plant could create an...
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