This is exactly what governments should be doing to keep companies in the state… while they are at it CA should streamline business permit and regulatory filings, healthcare and sick time requirements. Of course it’s easy to offer tax incentives to companies that don’t have any taxable income…
Electric car maker Tesla Motors Inc said on Monday it will manufacture the lower-priced follow-up to its Roadster sports car in California after the state offered a tax break to keep the operations there.
[From California offers tax break to keep Tesla in state | Technology | Reuters]
More on this topic
(What's this?)
Bullish Alert: Tesla Motors (TSLA) Breaks Out Of Cup With Handle Base
(Green Stocks Central, 3/12/12)
Tesla (TSLA) Reports Mixed Results, But Sees Strong Model X Demand
(Green Stocks Central, 2/16/12)
Will Tesla Crush Earnings?
(Green Chip Stocks, 2/15/12)
Tesla Motors Unveils A New Head-Turner
(Green Chip Stocks, 2/10/12)