Report: Tesla receives $10 million from California to build Model X

Tesla Motors has received a $10 million grant from California to purchase assembly equipment and hire 500 workers to build its new Model X electric SUV.

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Alison Roberts, a spokeswoman for the California Energy Commission, said that the agency awarded the funds to reimburse Tesla for machinery purchased to equip its Fremont, California. Tesla is putting down $50.2 million for the project and adding the jobs to qualify for the grant, she said.

“Development of Model X is under way and we’re scheduled to go into production in 2014,” Christina Ra, spokeswoman for Tesla said.

Currently there are more than 1,500 people working on the Tesla Model S production at the company’s Freemont plant.

– By: Omar Rana

Source: AutoNews