News flash… a tax break in California to attract a business!!
Tesla Motors Inc. initially planned to build the Model S in New Mexico but was persuaded to stay in California when Gov. Arnold Schwarzenegger offered to exempt Tesla from state sales tax on equipment it buys to build the sedan. That will save the company 7 percent to 9 percent on each part purchased.
Original Article: Forum: News/Activism
Tags: Arnold Schwarzenegger, California Business, California Gov, New Mexico, News Flash, Sales Tax, State Sales Tax, State Tax, Tax Break, Tesla