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Tesla’s Nevada Gigafactory ahead of economic impact expectations

The Tesla Gigafactory’s economic impact on Nevada has exceeded projections, bringing in more than 7,000 jobs. In 2014, Nevada agreed to give the automotive and energy company $1.3 billion in tax abatements. In return, Tesla promised to meet certain requirements in areas like employment and capital investment. As of June, Tesla has brought in a total of $6.05 billion in capital investment, surpassing the $4.95 billion projection. The original contract gave the company until 2024 to make $3.5 billion in capital investments in Nevada. Derek Armstrong, deputy director of the Governor’s Office of Economic Development.

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Summerlin near several recreational destination spots

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Israel and Iran launch new strikes even as diplomatic effort gets underway

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How to boost retirement savings with a spousal IRA

Saving for retirement can be very difficult for married spouses who stay home to care for family or otherwise have little income.