Tesla’s proposed $1.1 billion Cybertruck factory received a 20-year incentives deal from Travis County, Texas, on Tuesday.
The approval of the economic incentives package helps Tesla clear a final governmental hurdle should it decide to build its new factory in Austin, Texas.
If Tesla (NASDAQ: TSLA) moves forward with the project in Austin, it will receive around $14 million in property tax breaks in exchange for promises to hire at least 5,000 workers in four years, ensure pay starts at $15 an...
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