Tesla's Move to Nevada

Tesla’s Move into Nevada This month, Nevada won the interstate battle to become the location of Tesla’s first Gigafactory. Nevada’s enticing deal of tax breaks and credits, as well as its prime location incentivized Tesla’s decision. The electric car company will not have to pay taxes in Nevada for the next ten years, and the total package of tax breaks is estimated to be $1.2 billion. The Gigafactory will boost Nevada’s economy by creating thousands of new jobs for its residents. Unfortunately, residents in Tesla’s birth state of California will not enjoy the benefits of these potential jobs. Although Tesla’s move to Nevada can be considered unethical, it is necessary for the greater good. First off, Nevada has an unemployment rate 0.3% higher than that of California’s. Tesla will be helping Nevada decrease its unemployment rate while boosting its economy. Second, Tesla’s CEO Elon Musk’s mission is to revolutionize the electric automobile industry. He wants electric cars to replace fossil fuel dependent cars that are deleterious to the environment. In fact, Elon Musk released a blog post this summer stating that Tesla will not pursue any patent violations. Tesla’s main competitors’ electric car sales make up less than 3% of their total sales. Musk wants to encourage his struggling competitors to learn from Tesla’s innovative technology and speed up the growth of the entire electric vehicle market. The money Tesla saves by operating in Nevada will contribute towards expanding the electric vehicle market and reducing overall polluting emissions. It’s estimated that the Gigafactory will double lithium ion battery production in the world. These batteries will become more affordable, making electric cars an option for everyone.