A small Missouri city is trying to lure Tesla Inc. with big bucks.
The city of Joplin, near Missouri’s borders with Oklahoma and Kansas, is seeking to tempt the electric-car maker with $1 billion in incentives and savings to build a new factory for its futuristic Cybertruck.
Joplin is offering Tesla a 1,042 acre site at a 50 percent discount, according to a website it’s built to court the company led by billionaire Elon Musk. It’s also coaxing the carmaker with a 100 percent tax abatement for 12 years and various other tax breaks and incentives.
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