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27 Nov 2009 HEADLINE


Downey to be Home of Tesla Model S Electric Car Plant



Source: San Francisco Chronicle
Class: SYNDICATED NEWS

SYNOPSIS: California Gov. Arnold Schwarzenegger offered to exempt Tesla from state sales tax on equipment it buys to build the sedan, saving it 7 percent to 9 percent on each part purchased.

This city that once helped send men rocketing into the space now wants to help earth-bound motorists to become more fuel efficient.

Downey's City Council has approved an agreement aimed at luring Tesla Motors' electric car manufacturing plant to the former site of a NASA plant that helped develop the Apollo program and the space shuttle fleet.

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