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Nevada OKs laws that open way for new Tesla battery factory
Nevada OKs laws that open way for new Tesla battery factory

The Nevada legislature has passed a series of bills designed to lure Palo Alto-based Tesla Motors' $5-billion battery factory to the northwest part of the state. Late Thursday night, after a two-day special session in the state capitol of Carson City, Gov. Brian Sandoval signed them into law. Sandoval, in a high-profile event held last week with Tesla Chairman and founder Elon Musk, asserted that the deal would result in $100 billion in revenue to Nevada over the next 20 years. The deal includes $1.3 billion in tax breaks and other inducements but would bring the state needed jobs and investments. Tesla's massive battery factory will employ 6,500 workers when it's up and...

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