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Tesla Fremont and Giga Nevada have built 3 million cars

Teslarati

Tesla has celebrated the production of three million cars across its Fremont factory and Gigafactory Nevada, just under two years after surpassing two million at the sites. On Friday evening, in a post on X , Tesla’s main account shared a congratulations to Fremont and Giga Nevada, celebrating the accomplishment.

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The Tesla Model 3 RWD’s federal tax credit gets reduced to $3,750

Teslarati

The Tesla Model 3 RWD, the most affordable vehicle in the company’s lineup, will see its federal tax credit reduced from $7,500 to $3,750, as confirmed by an update on Tesla’s official Model 3 page. The reduction in the federal tax credit for the Model 3 RWD will take effect on April 18.

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Tesla battery supplier Panasonic to increase battery production at Giga Nevada

Teslarati

Tesla battery supplier Panasonic is accelerating plans to increase battery cell production at Gigafactory Nevada. Increasing battery production at Giga Nevada would likely help Tesla increase its vehicle production capacity and benefit from the Inflation Reduction Act’s (IRA) electric vehicle (EV) tax credits.

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Tesla’s private tax abatement for Giga Nevada expansion criticized by Senator

Teslarati

Tesla’s tax abatement package for Giga Nevada’s expansion is under fire by Senator Dina Neal, who criticized the use of a nondisclosure agreement (NDA) to keep the specifics under wraps until just days before the Governor’s Office of Economic Development (GOED) will vote on its terms.

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Redwood Materials receives conditional commitment for $2B DOE loan for battery materials campus project

Green Car Congress

Redwood will draw upon this milestone-based financing in tranches that support phased construction and allows the company to unlock funding as it accelerates the construction and expansion of its first battery materials campus. This will provide enough battery materials to produce more than one million electric vehicles a year domestically.

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Nevada the site for the Tesla Gigafactory pending legislative approval of incentive package estimated at up to $1.25B over 20 years

Green Car Congress

On Thursday, Nevada Governor Brian Sandoval and Elon Musk, Chairman and CEO of Tesla Motors, confirmed what had been widely leaked the day before: that Nevada and Tesla had reached an agreement—subject to legislative review and approval—that will result in the state being the site for the Tesla Gigafactory. Earlier post.)

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Nevada treasurer, Faraday's nemesis, turns eye toward Tesla tax-credit transfer

Green Car Reports

The state of Nevada has been fairly generous to startup electric-car makers that pledge to establish manufacturing operations within its borders. After offering a generous incentive package several years ago, the Silver State landed Tesla's lithium-ion battery "Gigafactory," which is now up and running just outside Reno.

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