texas

San Antonio Says Its Tesla Bid Surpassed Nevada's

San Antonio's economic development czar says the Alamo City's bid for Tesla's proposed $5 billion battery factory was superior to the state of Nevada's, and that was even without any additional incentives from the state of Texas.

Mario Hernandez, who heads the San Antonio Economic Development Foundation, made the assertion in a memo to the foundation board. The memo was obtained by the San Antonio Express-News.

Hernandez offered no details on the San Antonio proposal in the memo or in an interview with the Express-News.

Tesla chose Nevada as the site for the plant after the state promised nearly $1.3 billion in tax breaks.

Texas Gov. Rick Perry's aides say he still considers the Tesla race an open competition until Nevada's Legislature makes good on the state's incentive promises.

Copyright AP - Associated Press
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