LOS ANGELES (August 31, 2014) In the corporate equivalent of high-stakes poker, Tesla Motors has five states including Texas bidding to attract a $5 billion factory that will make batteries for a new generation of electric cars.
The winner is expected to offer publicly financed incentives exceeding a half-billion dollars, and the package could be worth far more, because the states don't know what their competitors are offering.
So far, Tesla has done initial work on a potential site in Nevada, but the company will prepare at least one other before making a final decision by year's end.
That leaves California, Texas, Arizona and New Mexico wondering what they can do to be a finalist.
So far, the states have passed tax breaks, promised worker-training funds or proposed shelving environmental regulations that could slow the factory's construction.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.