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Jay Nixon
Tesla is taking Nevada for a ride
Tesla is taking Nevada for a ride

The state of Nevada, of all places, should understand the gambler's adage about how if you can't pick out the sucker at your card table, it's you. Despite that, the state Legislature has approved a massive giveaway to Elon Musk's Tesla Motors to build a lithium-ion battery factory in the desert north of Reno. Tesla will get more than $1.25 billion in tax breaks and other incentives. That includes up to 20 years of exemptions from sales, payroll and property taxes; $125 million in tax credits Tesla can sell to other companies; and $8 million in electricity discounts. The sum doesn't include millions of dollars in infrastructure improvements — schools,...