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Nevada, Tesla Announce Gigafactory Deal

September 4th, 2014

Via: USA Today:

Tesla Motors and Nevada made it official on Thursday evening: the electric car company’s highly sought battery “Gigafactory” and its projected 6,500 jobs are coming to the Reno area.

Mutual congratulations between the electric-car maker and Silver State officials aside, the news of the announcement event in Carson City was the huge incentives the state will have to contribute to seal its end of the proposed deal: a package estimated to be worth $1.25 billion over 20 years.

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