war among the states
In the week and a half since Jerry Hirsch of the Los Angeles Times’ broke a story on billionaire entrepreneur Elon Musk’s use of subsidies as key to his business’ plans, the story has gone viral.
By Jonathan O'Connell April 10, 2015
RENO — For months, Randy Walden peddled a 30-week course in manufacturing at Truckee Meadows Community College, in its warehouse campus by Reno-Tahoe International Airport.
Two-thousand fourteen was a banner year for our movement, hands down. The first move to require standardized subsidy-cost reporting! The first half of a legally-binding two-state cease fire deal! The first state ban on tax-break commissions! A big surge found in state disclosure of subsidies! Big improvements to our Subsidy Tracker, enabling first-ever mash-ups!
For many years, we at Good Jobs First have criticized GASB—the Governmental Accounting Standards Board, or “GAZ-bee”— for failing to require state and local governments to disclose economic development subsidy spending in a uniform way.
It appears that’s finally about to change, and if it does, it will be hard to overstate the significance of the news.
By Reid Wilson Sept. 25, 2014
Last October, representatives from Tesla reached out to economic development officials in a handful of Western states with an enticing offer: The company, which manufactures luxury electric vehicles, needed a new site on which to build a massive factory to produce lithium ion batteries. The facility would cost about $5 billion to construct, and it would employ about 6,500 high-tech manufacturing employees.
By Emily Badger Sept. 15, 2014
Tesla announced earlier this month that it's planning to build a $5 billion lithium battery factory just outside of Reno, which sounds good for Nevada and bad for losing bidders California, Texas, Arizona and New Mexico. So how did Nevada beat out so many competitors?
By Reid Wilson, Sept. 10, 2014
Nevada state legislators will meet Wednesday in Carson City to consider a package of incentives and credits that will lure one of the biggest economic prizes to an area in serious need of new manufacturing jobs — though at the cost to the state of more than $1 billion.
Tesla Motor’s shameful subsidy competition for its battery factory is wrapping up to a close in a state known for big gambling. The Nevada Governor’s Office of Economic Development (GOED) announced last week it had assembled a breathtaking package for the proposed “Gigafactory” totaling as much as $1.3
Good Jobs First has launched a petition through MoveOn asking Tesla CEO Elon Musk to open-source his ≥$500 million subsidy demands.
Sign the petition here.
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Tesla Motors is demanding at least $500 million in taxpayer subsidies, whipsawing AZ, CA, NV, NM and TX siting a huge battery factory.
If it's really confident that such massive subsidies are justified, Tesla should release the five states from non-disclosure agreements and allow taxpayers to see the files.
Elon Musk: open-source your subsidy-application files and let taxpayers weigh costs and benefits!
Sign the petition here.