Posted on 02/23/2021 6:26:44 PM PST by SeekAndFind
I will take Musk over Bezos any day, any hour, any minute.
Bezos $$$ comes from the effort/minds of many, many OTHERS. He is only a GLORIFIED DISTRIBUTOR...
Musk is the engine of his successes.
Everyone dismissed Frank Lloyd Wright, also.
IF you have never seen his mother-—Mae Musk, she is a MODEL for Cover Girl makeup products. OVER 70 & gorgeous.
IIRC, Musk paid back all those ‘public dollars’—ahead of time & with all interest due.
Musk did NOT build the plant at Fremont——FORD did—years ago.
Then it was a joint venture with Gm & a Japanese auto company...called NUUMA.
The plant is landlocked & Musk cannot expand UP or OUT there.
He has been assembling cars in tents in the former employee parking lots as demand increased. His employees get shuttled from rented parking down the road.
California pissed in Elon’s soup a few too many times.
They will miss that payroll in California.
I don’t know where he is going to move the AUTO assembly operations to, but rumor has it that many acres were bought on the NE corner of Fernley, Nevada, alongside I-80 recently. I live about 24 miles from that parcel.
Similar to Sherwin-Williams Paint Co-—Got continuous grief from AQMD official in Emeryville, Calif. Finally built an entire new plant in Fernley-—about 16 years ago. Asked employees to come along, and offered decent wages. Most said no—they wanted all the UNION wages they got in Calif. NO union here in Nevada, and now those PRIOR employees of Sherwin Williams had to find new jobs.
At that time, you could buy a brand new house in Fernley for about $170,000, and pick out your own colors. Near enough to Sherwin-Williams to bicycle to work...That would have put most of those Calif employees in the position of selling in Calif & buying new homes with CASH. .
Musk already taking pre-orders for Starlink.
That struck me in an odd but amusing way. I was born and lived the first 19 years of my life just an hour away from Fallingwater, and I have never toured the place. Add that to my bucket list. :-)
Did Panasonic or whomever it was ever build a battery factory in NW Nevada? I remember reading about it years ago. Would make some sense for Tesla to move closer but that would not be a primary motivator.
Yes I’ve seen those tents in Fremont. I guess as a start up it made sense to keep close to home (where he started in technology) and to retrofit an existing assembly line vs building from scratch. Now selling several 100,000 cars a year at least and wanting to sell millions, he has to consider relocating as you said no room for Tesla to grow the existing facility and too much tax and regulation. Tesla made $1 billion on bitcoin so I guess he has the cash on hand to do it.
Nevada makes sense for the reasons you stated. Also, most of the German and Japanese companies have their US assembly lines in the south. Not California, New York, or Michigan. It still boggles my mind that in my lifetime a company the size of Boeing has relocated 3 times from California to Washington to Illinois of all places. Besides the taxes, regulations and mass exodus, the weather would seem to make IL a not so great place for an airplane manufacturer.
What goes around...
Exactly Elon’s stuff works and he’s clearly been red pilled by what Newsom tried to do to him in Cali and what Biden is doing to him with Space X...so having a guy in our corner with that kinda coin is kinda nice
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