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Tesla To Add Production Capacity For 35,000 More Electric Cars
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Tesla Motors is gearing up for increased production over the next few years with the aid of healthy tax breaks from its home state of California. It'll save the company as much as $34.7 million on the purchase of $415 million of new manufacturing equipment, says SFGate--and would allow Tesla to expand annual production by 35,000 vehicles. The company is currently on track to build 21,500 Model S sedans this year, so the new equipment would help expand Tesla's limits well beyond its current production capacity.
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