Here’s the background:
How Elon Musk Hustled $1.4 Billion Out Of Nevada For Gigafactory
Now here’s Musk’s defense of the Nevada Gigglefactory battery tax incentive deal.
Which you can swallow or not, but I have a beef with this part in particular:
“However, the 20 year mark is simply when the last of the incentives expires. The Gigafactory itself will continue contributing economically to Nevada for much longer. Our automotive plant in California has been in operation for over 60 years with no foreseeable end in sight.”
Well, first of all, there’s nothing to stop Tesla or its successor from threatening to move away unless it receives another massive subsidy from the people of Nevada, right? So that’s just wrong.
But, more importantly, what’s up with this “over 60 years” thing? Let’s take a look.
Fremont Assembly began operations in 1963, right? 2014 minus 1963 = 51 years, right? 51 years is less than “over 60 years,” right?
And that doesn’t mean that this place was “in operation,” all that time, right?
And actually, it didn’t make sense to have such a big old GM factory in the Bay Area so it shut down in 1982. Let’s get some more deets:
“Operated as GM plant from 1963 to 1982, then became the site of NUMMI, GM’s joint venture with Toyota and the only major auto assembly plant remaining in California. Closed April 1, 2010, partially reopening as the Tesla Factory, an automobile assembly plant for Tesla Motors”
So Fremont Assembly was massively downsized when Toyota was coerced into starting up NUMMI, which lasted just 16 years.
Then NUMMI got massively downsized and now what’s left has been a Tesla factory for a couple years.
Now you might think that that’s good or bad, but this record sure doesn’t match what Elon Musk has to say.
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