Global Trade Alert
Global Trade Alert

United States of America (State of Nevada): Tesla receives financial support for its multibillion-dollar Gigafactory expansion

Announcement

02 Mar 2023

In March 2023, the State of Nevada announced tax relief measures to support Tesla’s investment in electric vehicles and batteries.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

02 Mar 2023

Revocation date:

01 Mar 2033

Updated: 02 Mar 2023
Tax or social insurance relief In force
On 2 March 2023, the Nevada Governor’s Office of Economic Development (GOED) Board approved a 10-year USD 264 million abatement for Tesla Inc’s new investment in electric vehicles and batteries in Nev...
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