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How Tesla Motors' $650,000 incentive package from Michigan breaks down

What will the State of Michigan get out of Tesla's new Michigan Technical Center in Rochester Hills? According to Governor Jennifer Granholm, the $47.7 million facility will create 76 new jobs. For these jobs, what did the state and other local governments need to give up? First, a state tax credit worth $602,000 over three years, along with a Rochester Hills city incentive package worth $14,500. The city package is made up of a job fair for the company, a three-year abatement of the company's personal property taxes and business advisory ... Read more →

Official announcement on Tesla's Michigan Technical Center Sebastian Blanco

How Tesla Motors' $650,000 incentive package from Michigan breaks down 2 years ago on Autoblog Green

Official announcement on Tesla's Michigan Technical Center 2 years ago on Autoblog Green

While it's not a surprise, the good news is that Tesla Motors is now officially in business in Michigan. Their hot-off-the-wires press release (it's dated tomorrow, but says "For Immediate Release," so it's available to you after the jump) describes the new 19,240 square-foot Michigan Technical ...

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CAFE – Corporate Average Fuel Economy. A system used in the U.S. to define mileage requirements of new vehicles.

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