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Model S

(Photo Credit: Tesla Motors, Inc.)

Nevada Lawmakers Unanimously Approve $1.3 Billion In Tax Breaks For Tesla ‘Gigafactory’

An unprecedented package of economic incentives to bring Tesla Motors’ $5 billion lithium battery factory to Nevada won unanimous approval from the state Legislature late Thursday and Gov. Brian Sandoval was preparing to quickly sign it into law.

09/11/2014

Two Tesla Model S cars are displayed at a Tesla showroom on November 5, 2013 in Palo Alto, California. (Justin Sullivan/Getty Images)

Nevada Kick-Starts Special Session Over $1.3 Billion In Incentives For Tesla ‘Gigafactory’

Opposition emerged Wednesday as Nevada lawmakers began negotiating over whether to approve a complex package of up to $1.3 billion in incentives for Tesla Motors in a special session ordered by Gov. Brian Sandoval to seal the deal to bring the electric car-maker’s $5 billion battery factory to the state.

09/10/2014

Two Tesla Model S cars are displayed at a Tesla showroom on November 5, 2013 in Palo Alto, California. (Justin Sullivan/Getty Images)

Nevada Offers Tesla Up To $1.3B In Incentives For ‘Gigafactory’ Battery Plant

Nevada Gov. Brian Sandoval announced Thursday that Tesla Motors will build a massive battery factory in the state as long as legislators approve tax breaks and other incentives worth up to $1.3 billion over 20 years.

09/04/2014

Two Tesla Model S cars are displayed at a Tesla showroom on November 5, 2013 in Palo Alto, California. (Justin Sullivan/Getty Images)

Tesla Motors Picks Nevada As Site For $5 Billion Electric Car Battery ‘Gigafactory’

Tesla Motors has selected Nevada for a massive, $5 billion factory that it will build to pump out batteries for a new generation of electric cars.

09/03/2014

Tesla HQ

Budget Watchdogs Urge California To Show Restraint As Tesla Gigafactory Competition Heats Up

Earlier this week, budget watchdogs wrote an open letter warning five states, including California, not to offer too many incentives to Tesla.

08/27/2014

2013 Tesla Model S (Photo credit: Tesla Motors)

New Tesla For The Price Of A Prius? Electric Automaker Unveils Tesla Model 3 Sedan For $35,000

Tesla Motors, makers of luxury and performance electric cars, will now have a smaller fourth version Model 3 priced at $35,000 to compete with the BMW 3 Series and at the same price as a loaded Toyota Prius, making owning a Tesla much more plausible for the rest of us.

07/16/2014

(CBSLA.com)

Tesla To Study Model S Charred And Severed In High-Speed L.A. Crash

Electric-car maker Tesla Motors is requesting to review the remains of a stolen Model S Sedan that split in half and went up in flames following a high-speed chase in Los Angeles.

07/07/2014

Tesla announced the new crossover Model X will roll out next year. (CBS)

Tesla Announces Model X Will Roll Out In Early 2015

Tesla is getting ready to add another vehicle to its lineup.

06/16/2014

Tesla Model S (Photo credit: Justin Sullivan/Getty Images)

Tesla To Share Patents With Rival Companies To Boost Electric Vehicle Industry

Electric car maker Tesla Motors is opening access to its patents to accelerate electric vehicle development.

06/12/2014

Tesla Model S (Photo credit: Justin Sullivan/Getty Images)

Tesla CEO Elon Musk Likens Car Dealers To ‘Mafia’ As KPIX Poll Finds Support For Direct Auto Sales

Dealerships across the country continue to take aim at Tesla Motors over their direct-to-consumer sales. Now Founder Elon Musk is firing back and getting some support from Bay Area, where poll results show support for the company’s model.

03/19/2014

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