State Comptroller Tom DiNapoli is conducting a sweeping audit of New York’s high-tech programs that will include a hard look at the taxpayer costs of the Tesla’s controversial SolarCity plant in Buffalo. “We have an audit underway looking at high-tech projects,” said DiNapoli spokeswoman Jennifer Freeman.
The audit will focus on high-tech programs run through the Empire State Development Corporation. One of the issues the comptroller would look at is whether taxpayers are getting enough bang for the buck — how many jobs are created and how much the state is subsidizing per job.
The Cuomo administration pumped $750 million into building the solar factory, part of his controversial “Buffalo Billion” program
to revise the upstate economy. With just 750 jobs created at the plant
that would come to $1 million to create each job. Even when factoring in
thousands of other jobs created by Tesla, the subsidy would still be
well into six figures per job. READ AND SEE MUCH MORE AT https://nypost.com/2019/08/28/cuomos-buffalo-billion-tainted-tesla-solar-city-faces-audit/
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MORE TESLA, NY POST: Walmart claims roof fires caused by faulty Tesla solar panel.....The retail giant cut a deal with the company to install solar panels at 244 locations from 2010 to 2016 and now Walmart is suing for breach of contract claiming the panels aren’t safe and Tesla can’t fix them, according to a new Manhattan Supreme Court lawsuit...Three fires broke out in the spring of 2018......“Why were multiple Walmart stores located all over the country suddenly catching fire? The answer was obvious and startling: the stores all had Tesla solar panels installed by Tesla on their roofs. At each location, the fire had originated in the Tesla solar panels,” the court papers charge. Then Walmart looked back and discovered that earlier store fires were also allegedly caused by Tesla solar panels, the court documents claim. READ MORE HERE
and
Exclusive: Tesla's solar factory is exporting most of its cells - document--(Reuters) The “great majority” of solar cells being produced at Tesla Inc’s factory in upstate New York are being sold overseas instead of being used in the company’s trademark “Solar Roof” as originally intended, according to documents reviewed by Reuters. READ MORE AT https://www.reuters.com/article/us-tesla-solar-exclusive/exclusive-teslas-solar-factory-is-exporting-most-of-its-cells-document-idUSKCN1SL1H5
and
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MORE TESLA, NY POST: Walmart claims roof fires caused by faulty Tesla solar panel.....The retail giant cut a deal with the company to install solar panels at 244 locations from 2010 to 2016 and now Walmart is suing for breach of contract claiming the panels aren’t safe and Tesla can’t fix them, according to a new Manhattan Supreme Court lawsuit...Three fires broke out in the spring of 2018......“Why were multiple Walmart stores located all over the country suddenly catching fire? The answer was obvious and startling: the stores all had Tesla solar panels installed by Tesla on their roofs. At each location, the fire had originated in the Tesla solar panels,” the court papers charge. Then Walmart looked back and discovered that earlier store fires were also allegedly caused by Tesla solar panels, the court documents claim. READ MORE HERE
and
Exclusive: Tesla's solar factory is exporting most of its cells - document--(Reuters) The “great majority” of solar cells being produced at Tesla Inc’s factory in upstate New York are being sold overseas instead of being used in the company’s trademark “Solar Roof” as originally intended, according to documents reviewed by Reuters. READ MORE AT https://www.reuters.com/article/us-tesla-solar-exclusive/exclusive-teslas-solar-factory-is-exporting-most-of-its-cells-document-idUSKCN1SL1H5
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MUSK, PROMISES EV TESLA ROBOFLEET! BUT FIRST, ABOUT THAT EXPLODING CAR...NY POST: Tesla dispatches team to probe video of Model S exploding in China...US electric vehicle maker Tesla Inc. said it has sent a team to investigate a video on Chinese social media that showed a parked Tesla Model S exploding, the latest in a string of fire incidents involving its cars. MORE HERE.
NY POST: TESLA PROMISES ROBO-FLEET! More here.
MSN: MUSK PROMISES FLEET OF ROBOTAXIS, OVER A MILLION! BY 2020! MORE HERE
----MORE FOLLOWS
TESLA, THOSE ELECTRIC CAR BATTERIES, CHAOS, WASTE AT BATTERY GIGAFACTORY, BUSINESS INSIDER: Insiders describe a world of chaos and waste at Panasonic's massive battery-making operation for Tesla
-Current and former employees at Panasonic's battery-making operation inside Tesla's Gigafactory said that it is a chaotic environment where standard operating procedures often go ignored and there's half a million pieces of scrap generated each day.
-"Why do we throw away half a million batteries a day? Because people are slobs and the stuff's not clean," a former employee said. Panasonic sends about 3 million battery cells to Tesla every day.
-Business Insider also reviewed internal documents, including some related to an oil spill that sent workers hunting through millions of battery cells to find potentially contaminated product for weeks.
READ THE LENGTHY ARTICLE AT https://www.businessinsider.com/panasonic-battery-cell-operations-tesla-gigafactory-chaotic-2019-4?utm_source=notification&utm_medium=referral
and in case you missed it from earlier in the month....
The graph says it all....Wall Street Journal--Shares of Tesla Inc. TSLA -8.60% fell about 8% Thursday after the electric-car maker reported a day earlier a 31% drop in new-vehicle deliveries for the first quarter. Shares have fallen about 19% in 2019 and 6.3% in the past month. READ MORE AT https://www.wsj.com/articles/tesla-shares-tumble-after-delivery-miss-11554387456?mod=hp_lead_pos4
Also has a great video about the lithium batteries.
How depressing is this.
ReplyDeleteWORSE STILL IT'S OUR MONEY. OR RATHER IT WAS OUR MONEY. KEEP VOTING FOR THESE GUYS FOLKS, KEEP VOTING FOR THEM.
ReplyDelete