Recharge Wrap-up: Tesla sells tax credits, biodiesel employs more than 47,000 in US

Tesla opens 100th Chinese Supercharger station.

The lobby of Tesla Gigafactory 1 in Sparks, Nevada.
  • Image Credit: James Lipman / Tesla
  • The lobby of Tesla Gigafactory 1 in Sparks, Nevada.
  • The view around Tesla Gigafactory 1 in Sparks, Nevada.
  • The interior of a Model X on the site of Tesla Gigafactory 1 in Sparks, Nevada.
  • Charging stations and Tesla Model S' at Tesla Gigafactory 1 in Sparks, Nevada.
Tesla has sold tax credits from its Nevada Gigafactory to MGM Grand Casino. Tesla sold around $20 million in transferrable credits – the first it has received in its deal with the state – to the casino for an undisclosed compensation close to the valuation. "The benefit to the state comes from what Tesla is bringing, which is a lot of investment, a big boost in the economy and the jobs that they create," says Steve Hill, Executive Director of the Nevada Governor's Office of Economic Development. "The ability for them to sell that tax credit to others is a neutral issue for the state." Read more, including Tesla's statement regarding the sale, at Electrek.

Tesla has opened its 100th Supercharger station in China. Located in Beijing's business district, the opening of the station at the Tesla Experience Center also marks the official kickoff of the Tesla Public Charging Partner Program. Through the program, Tesla hopes businesses like hotels, industrial parks, banks, and other destinations and workplaces to install both Level 2 "Destination" chargers as well as the DC Superchargers onsite. Tesla now has 400 Superchargers at 100 sites around China, as well as more than 1,300 Destination chargers. Read more at Electrek.

Biodiesel employs over 47,000 people in the US, according to a new study. Last year, the use of some 2.1 billion gallons of biodiesel and renewable diesel yielded $8.4 billion in economic impact, employing 47,400 people and generating $1.9 billion in wages. If all that had been produced domestically, it would have created an additional 21,200 jobs in the US. Biodiesel industry leaders are calling on the government to raise biodiesel requirements under the Renewable Fuel Standard to at least 2.5 billion gallons in 2018. Read more from Biodiesel Magazine.

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