A new report on the current impacts of the Tesla Gigafactory just released by the Governor’s Office of Economic Development shows that Tesla has exceeded its commitments to the State of Nevada, in the areas of capital investment and job creation. As of June 2018, Tesla has employed more than 7,000 people, beyond their original projection of 6,500. Capital Investment stands at $6 billion to its original projection of $4.95 billion. Average wages for employees are at $25.78 per hour, well above the statewide average wage of $22.54 per hour, with a 93 percent in-state residency rate for qualified employees.