Thursday, December 26, 2019

YOUR TAX DOLLARS AT WORK--MUSK, BLOOMBERG BUSINESS WEEK, AND THAT $750 MILLION BUFFALO GIGAFACTORY 2 SOLAR PANEL FACTORY

Did Elon Musk Forget About Buffalo?  After $750 million in subsidies and years of delays, critics say the Tesla CEO hasn’t done enough for the Gigafactory 2 solar panel factory.

Just south of downtown Buffalo, near abandoned factories and crumbling brick warehouses, is a 1.2-million-square-foot white box with Tesla Inc.’s solar panel factory inside. The state of New York paid $750 million to fund this place, based on a commitment to create nearly 1,500 jobs here. On a Tuesday morning in mid-November, a group of two dozen of these workers is monitoring several rows of robots that are stamping out materials for the Solar Roof, a new kind of solar panel that Tesla Chief Executive Officer Elon Musk is very excited about. Or was, anyway.

READ AND SEE MORE AT 
https://www.bloomberg.com/news/features/2018-11-20/inside-elon-musk-s-forgotten-gigafactory-2-in-buffalo

1 comment:

  1. They did a good article but the stock is up anyway.

    ReplyDelete