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Nevada’s $1.2 Billion Investment in Tesla Predicted to Have $100 Billion Impact

September 8, 2014/

The generous incentives granted the electric car company for securing the $5 billion factory will yield disproportionate economic benefits, according to Gov. Brian Sandoval, for a state suffering high unemployment and a lack of economic diversity.

The $1.2 billion incentive package far exceeded the 10% or $500 million that Tesla had expected–at a minimum.

by Irvin Dawid

Full Story: http://www.planetizen.com/node/71128

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