A dozen legislators and other Democrats say New Mexico shouldn’t go overboard in granting tax breaks to Tesla Motors so the electric car company locates a battery plant in the state, AP reports.
In a letter to the Albuquerque Journal, the Democrats said any bid to attract the plant shouldn’t rely solely on tax breaks.
Arizona, California and Texas also are trying to win the $5 billion battery plant.
The New Mexico Democrats’ letter said the state can’t afford to give up so much future tax revenue to Tesla that education and other needs aren’t met. It also says incentives for Tesla shouldn’t cause other taxpayers to pay more.
Related: Arizona must overcome proximity, incentive issues in bid to land Tesla
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