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Insight With Beth Ruyak

 

Hosted By Beth Ruyak

Insight creates conversation to build community, exploring issues and events that connect people in our region. Insight covers breaking news and big ideas, music, arts & culture with responsible journalism, civil discussion and diverse voices.

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Monday – Friday, 9 a.m. – 10 a.m. and 7 p.m. – 8 p.m.
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California's Current Business Climate

Monday, September 8, 2014 | Sacramento, CA | Permalink
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Paul Sakuma / File / AP
 

Paul Sakuma / File / AP

Californians found out late last week that the state narrowly lost out on a bid for a new battery factory after months of courting the electric car manufacturing company Tesla Motors. The deal is said to be worth $100 billion to the state of Nevada a boon to the Reno area economy, where the “gigafactory” will be built. University of the Pacific Economist Jeffrey Michael has been following California’s bid for the factory and says “it would have been a game changer” for the San Joaquin Valley, which was one potential location for the factory. Michael joins us to talk about the deal and what it says for both California and Nevada’s business climates.

0908-musk -and -sandoval -p

Tesla Motors CEO Elon Musk, left, and Nevada Gov. Brian Sandoval shake hands following a press conference where Nevada was announced as the new site for a $5 billion car battery gigafactory, at the Capitol in Carson City, Nev., on Thursday, Sept. 4, 2014. (AP Photo/Cathleen Allison)

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    Nevada, Tesla Reach Agreement On Tax Breaks For A Battery Plant Near Reno

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    Nevada and carmaker Tesla Motors have reached a deal for tax incentives that would bring a battery plant to the state. Meanwhile, an economist explains why Nevada was chosen over California.

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