July 14 (Reuters) - A central Texas county that includes Austin on Tuesday approved a plan to provide millions in tax subsidies to Tesla Inc TSLA.O if it builds a $1.1 billion vehicle factory in their community.
A majority of commissioners in Travis County voted in favor of providing the electric carmaker with a tax rebate worth at least $14.7 million. One commissioner abstained after asking for a week's delay.
Commissioners in favor of the agreement decided to move forward after a representative of Tesla said executives of the electric auto maker had met with the governor of a rival state, without naming the state.
(Reporting By Joe White Editing by Chris Reese)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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