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| Joined: | Mon Nov 21st, 2005 |
| Location: | California USA |
| Posts: | 6399 |
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Governor Arnold Schwarzenegger today joined with State Treasurer Bill Lockyer and Tesla Motors representatives to announce Tesla's decision to locate its new manufacturing facility for its Model S, Tesla's second-generation vehicle, in California. As part of the state's ongoing commitment to clean technology, the Governor also announced a new program that waives the sales tax on investment in new manufacturing equipment for Zero Emission Vehicles (ZEVs). This program was developed in conjunction with the State Treasurer and the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA).