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Tesla Needs $3B in Tax Breaks for New Battery Factory
Fox Business ^ | September 4, 2014 | Elizabeth McDonald

Posted on 09/04/2014 11:15:35 AM PDT by jazusamo

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To: jazusamo

Sooo, Tesla is not building a battery factory, the tax payers are. If it was not for green energy credits Tesla would be loosing there ass


41 posted on 09/04/2014 12:17:57 PM PDT by woodenickel
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To: thackney

I did not mean to panic the citizens of Reno into thinking they had a turtle infestation. Please remain calm, the turtles were only a metaphor for a politically motivated, all powerful EPA.


42 posted on 09/04/2014 12:22:54 PM PDT by thorvaldr
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To: woodenickel

Exactly, the only thing profitable for Musk so far has been his energy credits.


43 posted on 09/04/2014 12:24:58 PM PDT by jazusamo (Sometimes I think that this is an era when sanity has become controversial: Thomas Sowell)
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To: thorvaldr

Thanks again, I had visions of a turtle stampede driving all the citizens into Donner Pass.


44 posted on 09/04/2014 12:26:41 PM PDT by thackney (life is fragile, handle with prayer.)
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To: woodenickel
Sooo, Tesla is not building a battery factory, the tax payers are.

No, the government of Nevada is waiting to latch on to the jugular of the business until the business is healthy enough to host the parasite.

45 posted on 09/04/2014 1:07:29 PM PDT by mvpel
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To: GeronL

Bingo!


46 posted on 09/04/2014 1:33:14 PM PDT by vpintheak (Keep calm and Fire for Effect!)
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To: mvpel

A facility of this size will need supporting infrastructure; large water mains and sewers, roads and bridges for high weight limits,stormwater management (in Nevada?), special fire equipment...

All needed in the near-term.
And do not forget the interest on the bonds (tax free) to pay for all the improvements.


47 posted on 09/04/2014 4:03:24 PM PDT by DUMBGRUNT
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To: jazusamo

The whole electric car fad is a giant bubble.


48 posted on 09/04/2014 5:00:55 PM PDT by AdaGray
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To: AdaGray

I couldn’t agree more.


49 posted on 09/04/2014 5:05:21 PM PDT by jazusamo (Sometimes I think that this is an era when sanity has become controversial: Thomas Sowell)
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To: Covenantor

What is this? Of course there a difference between stealing and working for money. If a business is not paying taxes, they’re NOT STEALING From tax payers.


50 posted on 09/04/2014 7:34:27 PM PDT by 4rcane
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To: jazusamo

Tesla’s initial public offering of common stock was at $17 per share. Today Tesla stock closed at $277.30. Someone who bought 100 shares in 2010 for $1,700 can sell that hundred shares today for $27,730 before capital gains.

The Republican Governor of Nevada, Brian Sandoval who negotiated this deal with Elon Musk of Tesla says he expects Nevada will realize $100 billion in revenue.
http://www.latimes.com/topic/business/manufacturing-engineering/automotive-equipment/tesla-motors-inc.-ORCRP006147-topic.html


51 posted on 09/05/2014 1:38:01 PM PDT by Nero Germanicus (PALIN/CRUZ: 2016)
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