Which car company will reportedly receive a $34.7 million tax break?

Answer: Tesla Motors

by News Staff / December 20, 2013

California announced on Dec. 17 that it's giving Palo Alto-based Tesla Motors a $34.7 million tax break so the company can increase production. The funds are reportedly going toward buying $415 million worth of equipment, which could roughly double their current output capacity, and will add 112 permanent jobs at their factory.