California is making a late push to land electric-car maker, Tesla Motors’ new high-tech battery factory that would create thousands of jobs.
Gov. Jerry Brown announced Thursday that he signed legislation that creates a $420 million tax credit for aerospace contractor Lockheed Martin and includes similar tax incentives designed to benefit California-based electric car maker Tesla Motors Inc.
The Palo Alto company has more than 6,000 employees and 5 percent are currently American military veterans.
Tesla Motors has its pick on where to build its brand new battery factory. California lawmakers are trying to win the electric car company over with incentives.
It may be a long-shot, but Palo Alto-based, electric-car maker, Tesla Motors Inc. is looking to expand with a new battery factory and is considering setting up shop in Sacramento.
Despite concerns over the most recent quarterly numbers, Tesla is moving ahead with new locations to showcase their electric vehicles.
Electric car maker Tesla Motors lost $49.8 million in the first quarter as it accelerated the development of its new crossover.
Electric car maker Tesla Motors said California is back in the running for a massive battery plant it plans to start building this year.
Electric-car company Tesla Motors has filed notice it intends to go to court to appeal New Jersey’s ruling that would stop it from selling its vehicles in the state within two weeks.
New Jersey motor vehicle officials have approved a regulation that would require all new car dealers to obtain franchise agreements to receive state licenses.