Did Elon Musk Forget About Buffalo?M

[pjzwtl]

Ahhh Cumhole another one of your great taxpayer funded investments.

“
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.”

https://www.bloomberg.com/news/feat...lon-musk-s-forgotten-gigafactory-2-in-buffalo

 

[Carlos Hathcock]

This is the definition of "free shit". When it's not your money, what interest do you have in its success. Whether it's a public housing project or a manufacturing plant, same concept.

 

[togmaster]

Talk about free shit? Look at the deal FUAC gave to Amazon. Real easy when it's not your money.

 

[repete]

I hate to see new laws put in place at any level, but I wouldn't mind a Federal law saying tax payer funds CANNOT be used to subsidize private biz!

 

[Jmac00]

Musk has bigger problems than the Buffalo factory, he is OUT as Tesla CEO, he named Robyn Denholm as the new CEO.

Musk has had some very strange behavior in the last few months. He has made some very big promises and those promises are not materializing. As you can imagine when a CEO says they will hit a particular target, shareholders expect that target to be met, if he misses by a little bit or just once or twice, no big deal. But when you miss your stated target every single time, stockholders are going to get PO'd and SEC will begin to take notice.

Musk as an oversized ego, he needs to delegate authority and get his own house in order. he now says he wants to take Tesla private and buy everyone out at $420/share , whether that ever materializes? who knows. I don't think he has that much money laying around

 

[Edwardteach72]

Musk has bigger problems than the Buffalo factory, he is OUT as Tesla CEO, he named Robyn Denholm as the new CEO.

Musk has had some very strange behavior in the last few months. He has made some very big promises and those promises are not materializing. As you can imagine when a CEO says they will hit a particular target, shareholders expect that target to be met, if he misses by a little bit or just once or twice, no big deal. But when you miss your stated target every single time, stockholders are going to get PO'd and SEC will begin to take notice.

Musk as an oversized ego, he needs to delegate authority and get his own house in order. he now says he wants to take Tesla private and buy everyone out at $420/share , whether that ever materializes? who knows. I don't think he has that much money laying around

No that is why he is out as CEO. He made a tweet talking about someone funding him to bring the company back to private and it was ruled that he didnt have the funding at it was considered market manipulation

 

[Saltwater60]

Don’t forget they went bankrupt and we gave them I think another $456 million.

 

[masterswimmer]

I hate to see new laws put in place at any level, but I wouldn't mind a Federal law saying tax payer funds CANNOT be used to subsidize private biz!

Agreed regarding additional laws. However, the law you're proposing is actually a restriction on the government, not the subjects. So I'm all for it.

 

[pjzwtl]

Hey is Solor City even around anymore? They used to have trucks all over I don’t think I have seen one in some time? I guess the business isn’t good without all the .gov subsidies so it shouldn’t be a business at all then!

 

[Saltwater60]

Hey is Solor City even around anymore? They used to have trucks all over I don’t think I have seen one in some time? I guess the business isn’t good without all the .gov subsidies so it shouldn’t be a business at all then!

Solar city failed and it was Elon musk’s Brothers company so Elon bought it while it was in bankruptcy. That’s when nys stepped in and have them the extra $456 million I think it was. We have given them 1.25 billion and we get whatbin return? Musk can not even make the solar panels he hired Panasonic to do it out of Rochester. Why did Panasonic just take over the plant. Oh I know because Panasonic has been around for years and the liberal love Musk and love giving him money. He’s a big failure basically and has failed at everything he does. He would not be in business if it were not for the tax payers giving money to the government to float him.