Asia Pacific (APAC), Global Politics

Cross-strait News Daily Round-up for Dec. 2

Highlighted business news in Taiwan, China and Hong Kong for Dec. 2, 2014

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Analysis, Auto, Business, Hardware, VR World

Nevada Gets Tesla Gigafactory with $1.25 Billion Tax Deal

Yesterday, Tesla (NASDAQ:TSLA) announced that the company would be placing its new Gigafactory in Nevada, where it had already broken ground and many believed it would ultimately place the Gigafactory. And during the Gubernatorial debate in California, between sitting Governor Jerry Brown and challenger Neel Kashkari the topic of Tesla’s Gigafactory was brought up as a lost business opportunity for California by Kashkari. Kashkari stated, “We need to bring good jobs to California. Tesla is one of many examples of this failure of this Administration.” Then, Governor Brown followed by saying, “It’s pretty clear what happened. We fought hard for Tesla, but Tesla wanted a massive

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