Tesla has been accused of tax arrears by state of Nevada
News24xx.com - Tesla was sued by Nevada state government for not paying tax arrears to the Unemployment Compensation Fund which worth of USD 655 thousand. According to the statement, Tesla owed the Nevada State Employment Security Division. Payment of the electric car manufacturer in Q1 and Q2 2018 could not cover all of their debts in that period, which almost USD 68 million and USD 55 million.
These arrears come from their Gigafactory located in Reno, Nevada, United States, where they make batteries and a number of components for their cars. Tesla argued that this debt is only an administrative mistake.
"This is the result of administrative errors, and we have processed the payment today to reflect the new unemployment insurance contribution rates. Over the past 18 months, Tesla has paid more than USD 3.3 million in unemployment tax to Nevada" said a Tesla spokesman. .
Tesla itself is currently under great pressure to be able to make a profit. The reason is they only made a profit in a quarter. They have already spent as much as USD 1 billion during Q1 2018 which made the rest of their savings only USD 2.7 billion, as quoted from The Verge, Wednesday, October 10th 2018.
News24xx.com/fik/red
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