Tesla’s $10B solar factory could get 35 years of tax breaks in Texas
Fort Bend County commissioners unanimously approved four agreements offering Tesla potential tax breaks on equipment for its 'Project Crystal Sun' solar manufacturing facility. The project would represent a major investment in domestic solar production capacity, though Tesla has not formally committed to building the plant in Texas.
Key points
- $10 billion solar factory proposal by Tesla
- Up to 35 years of local tax breaks on equipment approved
- Tesla has not yet committed to constructing the Texas facility
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