California Offers Incentives For Tesla Giga Factory
California seems to be making every effort necessary to place it in a prime position for the Tesla battery giga factory.
Per Automotive News:
“California lawmakers proposed financial incentives for electric car maker Tesla Motors… in a bid to entice the company to build a large battery factory in the most populous U.S. state.”
California Democratic state Senate leader Darrell Steinberg, who authored this bill with the incentives for Tesla, stated:
“California has set the example for the world in battling climate change and promoting innovative technology to lower carbon emissions.”
“This factory would help us achieve the dual goals of strengthening our economy and fostering more clean technology and renewable energy.”
Republican state Senator Ted Gaines, co-sponsor of the bill, remarked:
“Everything is on the table — tax credits, investment credits, hiring credits.We need to show Tesla that we’ll cut through the knot of red tape that frustrates companies in this state and prove that California is open for business.”
As of today, there are still no precise details on the incentives included within the bill. Furthermore, the bill still need 2/3 majority vote from both branches of California’s state legislature.
Tesla offered comment on the situation in California. Tesla spokesperson, Shanna Hendriks, stated:
“California will have to meet the same criteria as other locations in terms of speed to implementation. Speed is of the essence.”
Speed is typically not associated with the passage of bills, especially in California. But if California wants a chance at the giga factory, then it’ll have to prove it’s able to move quickly.
Source: Automotive News