Here is where Tesla is laying off 700 workers in Nevada. Will it affect incentives?

Tesla is in the last year of a decade-long abatement period for $1.3 billion in incentives, which hinges on hitting investment and employment numbers.

Reno Gazette Journal

A rendering of Tesla's expanded Gigafactory in Nevada, which will include a new semi truck manufacturing facility.

Reports of a massive layoff by Tesla in Northern Nevada are officially confirmed after the company officially filed a notice with the state.

Tesla notified Nevada of its plans to lay off 693 employees at various locations in the area as part of the Worker Adjustment and Retraining Notification Act. The WARN Act requires employers to provide notification 60 days in advance when laying off 100 or more workers.