Governor bill would hand the company up to $2.85 billion in tax credits, based on the number on the number of jobs generated.
Taiwanese manufacturer is considering a $7 billion US plant that could employ up to 10,000 people.
Facility will employ 70 people when construction is completed in the first quarter of 2017.
For higher-end vehicles, such as Tesla’s Model S, the incentive is capped at $3,000.
Critics says the broad parameters run the risk of it becoming a slush fund for pet government projects and priorities.
Will receive payroll rebates up to $3.4 million if the company creates up to 300 local jobs.
Nevada’s incentive package includes sales and tax abatements and tax credits for jobs and investment.