Tesla’s eligibility for a multimillion-dollar tax rebate in Travis County, Texas, is now in jeopardy — and the uncertainty could ultimately affect customers.
What’s happening?
County officials say Tesla has withheld information required under its 2020 incentive agreement, raising the possibility that the company could lose a sizable rebate meant to support its Texas Gigafactory.
If that happens, any resulting financial strain could impact consumers through higher vehicle prices or delayed production — developments that could also slow the broader shift toward electric transportation.
Travis County is reviewing a 20-year tax rebate agreement it approved in 2020, according to the Austin American-Statesman…