Tesla's Gigafactory brings 7,000 jobs, more than $6B in investment to Nevada

Discussion in 'Petrol Heads Forum' started by Calliers, Dec 8, 2018.

  1. Calliers

    Calliers HH's MC Staff Member

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    Nevada officials are apparently pleased with the economic impact of Tesla's Gigafactory 1 outside Reno.

    The factory is only partially complete but has already brought in more than 7,000 jobs and $6 billion in capital investment, according to a new economic impact study cited in a Las Vegas Review-Journal report.

    The company convinced the state to offer $1.3 billion in tax incentives, in return for meeting certain employment and investment targets. The Gigafactory is apparently ahead of its promised 6,500 workers by 2018, with 93 percent of the jobs held by Nevada residents and average earnings of $25.78 per hour.

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