Earth Protect Blog

This is going to drive the Tesla-haters crazy. The luxury electric-car maker is getting a huge new tax break from California, SFGate reports. The state will let it off the hook for sales and use taxes on some $415 million in new equipment it's purchasing in order to expand production ...

  Elon Musk said Thursday his luxury electric car company is in compliance with terms of its loans from the federal government, and on schedule to launch two new models by the end of next year. "We have a lot of cash in the bank," Mr. Musk said in an interview ahead of the scheduled unveiling...