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MegadealsSubsidy Tracker Individual Entry
Company: Tesla Motors
Parent Company:
Tesla Inc.
Subsidy Source: multiple
Location: Nevada
County: Storey
Project Description: EV and battery factory
Year: 2023
Major Industry of Parent: motor vehicles
Specific Industry of Parent: motor vehicles and energy
Subsidy Value: $330,250,366
Program Name: multiple
Awarding Agency: Nevada Governor's Office of Economic Development
Type of Subsidy:
MEGADEAL
Number of Jobs or Training Slots: 3,000
Wage Data: $33
Wage Data Type: Average hourly wage
Capital Investment: $3,600,000,000
Source of Data: A press release from the Nevada Governor's Office of Economic Development: "GOED Board Approves Tesla Abatement," March 2, 2023,
(click here). Nevada Governor's Office of Economic Development, Special GOED Board Meeting attachments, March 2, 2023:
(click here).
Notes: Tesla Motors is building two new factories at its existing Gigafactory site in Storey County, Nevada outside of Reno. These factories will produce battery cells and the company's new fully electric Semi truck. The company's subsidy package includes a 10-year 100% modified business tax abatement ($17,559,539), a 10-year 100% real and personal property tax abatement ($246,090,827), and a 20-year reduction in its local sales and use tax rate ($66,600,000). Overlap with main data: None.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.