Texas County Lures Tesla With $15 Million Tax Breaks

Travis County in Texas voted on Tuesday to give Tesla at least US$14.7 million in tax breaks if it chooses to build its new Gigafactory near Austin, taking another step toward luring the EV maker to Texas. The Travis County Commissioners Court voted 4-0 on the deal, with one abstention, The Street reported. Earlier this month, the Valle Independent School District approved around US$46.4 million in property tax breaks to Tesla for the site of the potential factory. Elon Musk has said that the EV manufacturer is considering several options for the…