AP Photo/Nick Ut
This Dec. 13, 2013 file photo shows from left, electric cars from Nissan, Tesla and Toyota presented at a news conference in Los Angeles. Mayor Eric Garcetti unveiled a plan on Wednesday, April 8, 2015, designed to make Los Angeles a more green and liveable city.
Monday, June 8, 2015 | 5:10 p.m.
SACRAMENTO — Gov. Jerry Brown's administration is proposing a $15 million tax credit to electric vehicle-maker Tesla Motors after California lost out in a heated bidding war for the company's new battery plant.
The Democratic governor's GO-Biz agency on Monday announced 63 proposed tax credits totaling $49.5 million. The companies promise to create more than 11,000 jobs.
The Tesla credit would offset taxes for the Fremont, California.-based company to buy manufacturing, research and development equipment, buy property and hire 4,400 workers.
California lost out last year in a heated bidding war for the company's $5 billion battery factory. Brown said then that he didn't think what Tesla sought would be fair to taxpayers. Nevada won after offering $1.3 billion in tax breaks.
A state board will consider the tax credits June 18.
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