Tesla sued by Nevada for failure to pay $650,000 in taxes

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Author: Andrew J. Hawkins

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Tesla was sued by the state of Nevada earlier this week for its failure to pay nearly $655,000 to the state’s Unemployment Compensation Fund, according to Bloomberg.

According to the liability statement, Tesla is indebted to the Employment Security Division of the state of Nevada. The carmaker didn’t pay enough for the first and second quarters of 2018 when Tesla had $68 million and $55 million in taxable wages, respectively.

Tesla’s giant Gigafactory is located outside of Las Vegas, where it makes battery packs and other parts for its Model 3 electric vehicle. A spokesperson for the company did not immediately respond to a request for comment.

Tesla is under enormous pressure to turn a profit, something the carmaker has only done...

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