Based on that pdf, its a request for elimination of sales tax from equipment that Tesla wants to buy for manufacture of Model 3. Value of that sales tax would otherwise be around $100M
Where do you see that?
I couldn't find any way to estimate the total cost in a quick perusal of the application, nor could I find a some of the other top ten
facts in the story.
In fairness to the DK, I was mistaken when I asked the ~$5.8 billion!?
question, as the story says: "...CAEATFA is providing Tesla with $392,775 in tax relief for each new job created by the Model 3 investment..." and "...The Model 3 expansion will expand Tesla’s California workforce by 5,600 jobs..." so apparently the total cost for just those model 3 jobs
is reported as ~$2.2 B.
Sounds improbable to me, at least unless it includes other CA tax benefits outside the scope of the application.