THIS COULD HELP THE STATE OF NEW MEXICO CONVINCE TESLA TO LOCATE ITS NEWEST FACTORY HERE. ERNST AND YOUNG SAYS THE STATE IS THE BEST IN THE WEST FOR MANUFACTURING. THE COMPANY SAYS THE STATE NOW HAS THE LOWEST EFFECTIVE TAX RATE FOR MANUFACTURERS IN THE NINE-STATE WESTERN REGION.
ACCORDING TO ERNST AND YOUNG, IT WAS JUST THREE YEARS AGO NEW MEXICO RANKED 51ST IN THE NATION FOR HAVING THE HIGHEST BUSINESS TAX RATE.
NEW MEXICO IS ONE OF 4 STATES BEING CONSIDERED AS THE SITE FOR TESLA'S BATTERY FACTORY THAT WOULD EMPLOY 65 HUNDRED.
