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Nevada's $1.2 billion deal for Tesla Gigafactory lets EV company sell direct

Now that the Nevada deal for the Tesla Motors Gigafactory has the governor's signature, we've got more details on the automaker's $1.2-billion benefits package. As originally reported, this is the broad breakdown: $725 million for a 20-year 100 percent sales tax abatement $332 million for a 10-year 100 percent property tax abatement $120 million in transferable tax credits $75 million in transferable tax credits worth $12,500 per job times 6,000 jobs). $27 million for a 10-year, 100 percent modified business tax abatement $8 million in discounted electricity rates for eight years New reports say that one way that state legislators freed up some money ($125 million) was by ending a long-standing tax break for insurance companies. Legislators also eliminated some tax credits for movie companies to give the money ($70 million) to Tesla. One surprising side benefit for Tesla is the ability to sell its EVs directly to customers in Nevada. The state hasn't been a big player in the EV dealer fight issue, but now the company's right to sell cars there is secure. What does Nevada get out of the deal? Well, a lot of publicity, for starters, but also a big new employer. The state is also requiring that at least half of all the workers at the $5 billion Gigafactory be from Nevada, but there is a way for Tesla to get waivers around this if needed. Add that all up and you get what state Assemblyman Ira Hansen called, "arguably the biggest thing that has happened in Nevada since at least the Hoover Dam." Not everyone is so positive. A Las Vegas schoolteacher told the Nevada Appeal, "I think it is kind of ironic that a renewable energy, a green energy car company we are courting to come to our state, that one of the things we are giving them is free energy." You can watch a video of the September 4th Tesla/Nevada announcement and read the governor's press release about signing the bill below. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Governor Brian Sandoval Signs Historic Legislation Thanks Legislature for Thorough Review and Approval CARSON CITY, NV - September 11, 2014 Governor Brian Sandoval signed Assembly Bills 1, 2, and 3, and Senate Bill 1, legislation from the 28th Special Session of the Nevada Legislature, tonight in a ceremony that was open to members of the Nevada Legislature and the public.

First Tesla Model S P85D owner says it's 'night and day' improvement

The first public owner of a Tesla Model S P85D says the model's autonomous-driving feature that more-or-less allows for the all-electric sedan drive itself hasn't been activated yet. We should all have such troubles. Southern California resident Kevin Babineau was indeed the first customer to take delivery of a Tesla Model S P85D, which features a dual-motor all-wheel-drive setup. Babineau is a longtime car collector, with Humvees and a '69 Chevy Impala in his garage. He previously owned a Tesla Roadster, as well, according to an account he gives to Business Insider. Compared to a standard Tesla Model S and its already-impressive performance standards, the P85D is "night and day" different, Babineau said. The souped-up version is said to go from 0 to 60 miles per hour in a tidy 3.2 seconds. Babineau paid about $130,000 for the quickness privilege, but as you can read in the article, it sounds like it was money well spent. "The emotions that come out of that kind of speed, in that short a distance, your body's not used to it," he said. Tesla unveiled the P85D in October. As you can see in the video below, it can be fun. A P85D driver (no, it doesn't look like Babineau) goes up against Ferraris and Lamborghinis in drag races, and takes them all down. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Tour a Tesla showroom, get inside Model S on Google Street View

Even in the US states (like Texas) where Tesla is not able to sell cars at one of its stores, residents can now visit a virtual EV sales space. Thanks to Google Street View and the company's high-tech cameras, a digital visit to a Tesla store in Seattle on Westlake Avenue is now possible by clicking here. A slightly misshapen exterior view is available here. Tesla Tweeted its excitement about the virtual visitor's pass – fitting for a company that has to sell some of its vehicles online – and so we spent some time clicking around in the studio. It's so immersive we almost wanted to knock on the restroom doors and touch the exposed battery pack "skateboard" in the back room. Go ahead and tour the showroom in Street View here, and see if you can figure out how to climb inside one of the Model S EVs parked inside (it's possible). We've put together a gallery of screen grabs of our favorite odd-looking and stretched images from the store as well as a fun example of how this just doesn't quite compare with being there (day turns to night instantly, if you click just right around the red Model S). Still, it's fun. If you'd like to visit another plug-in vehicle in a dealership, check out this Chevy Volt at Bachman Chevrolet. Or, why not, the Nissan Engine Museum here. Anyone got other, similar options?