Anatomy of an Economic Development Deal for Tesla Truck Factory

Who is offering the economic development deal? Joplin, Missouri

Package deal total: $1 Billion

What does the $1 Billion deal include:

• 50% discount on 1,042 acres
• 100% tax abatement for 12 years
• Offering its historic science background including:
  • 150 battery engineers
  • 500+ licensed engineers within a 60-mile radius
  • home to programs that have helped power Apollo missions, lunar landings, and ballistic missiles
• median hourly earning is $27.86
  • Less than site competitors Nashville ($33.18) & Austin ($37.50)

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