Does Dingy Harry happen to own any land near the plant site?
Fine, New Mexico has a history of being screwed in deals like this.
Harry Reid is smiling! I didn’t expect Texas because Musk is a Baraqqi partisan. And California is way too expensive.
Have fun with the UAW.
Here’s my prediction. They’re going to get a huge loan and then go (very profitably) bankrupt. The taxpayers will take it in the rump one more time.
California had put itself out of the running with the high taxation costs and EPA costs and labor union costs.
Seriously: Is anyone surprised?
Yawn.
Personally thought it was a shoe-in for Nevada with Musk so close to the DemocRATS. He’s one of ‘em, so Harry Reid wins again. Let’s not allow him to win in November.
I smell a Rat.
A dirty Rat.
A made Rat.
Reno makes sense. Tesla can make the batteries in Reno and truck them over to the Bay Area where the Tesla assembly plant is located. Batteries are quite heavy. I doubt NM, AZ or TX had much of a chance due to transportation costs. As for California, geographically it is the best location but financially, it would cost a good deal more to make the batteries in CA then in NV. Cheaper to make them in NV and truck them across I80 to the CA assembly plant.
Hmm, wonder if they’ll need any process engineers?????
I did a google search and I see nothing about Tesla getting Federale loans to build this battery plant. This is all private sector investment
I heard some radio talk show host comment on this the other day. It seems no one bothers to pencil whip the numbers.
Remember this is just a location and plant for batteries, not for the production of autos.
1. They want 1000 acres suitable for industrial development free. Stop and think about the probable size of a battery factory plus parking. Maybe 100 acres at the outside, ya think?
2. Divide $5 billion by any reasonable cost of batteries for a production run of a luxury electric car. At $5000 per Tesla, they’d have to sell a million cars to amortize the initial cost of the battery plant. I don’t know if 5K is a reasonable figure for a car battery.
3. Does it really take over 6000 workers to produce this number of batteries for a million cars, give or take?
Liberals sure are conservative with their own money....
At least it’s in the US. Things like this have been going elsewhere.
So much for California.
Lots of wailing and gnashing of teeth in the New Mexico media over this.
(Yah, I know....)
How much are they getting in subsidies?