AUSTIN, Texas - Tesla could be heading to court over its Gigafactory headquarters after getting more than $1 billion slashed from its appraised property value.

This comes after the company challenged its appraisal and reduced the property’s worth by more than $1 billion.

The backstory:

In July, the Tesla Gigafactory was originally appraised by the Travis Central Appraisal District at $4.6 billion. The company disputed the value, leading to a new value of $3.4 billion by the Travis Appraisal Review Board.

Nevin Kamath is with Resist Austin, a group that describes themselves as using nonviolent civil resistance to reach a future without President Donald Trump in power.

"They are not holding up their share of the bargain with Travis County. Now they're trying to get out of paying taxes

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