Tesla will add a factory to produce both the electric pickup and the Model Y crossover, Elon Musk says, without naming the states being considered.
Jeff Bezos’ frustration with meager government largess prompted HQ2 executives to adopt an unapologetic appeal for tax breaks.Advertisement
Musk unveiled the Cybertruck in November and pitched it as a radically different alternative to the highly lucrative pickups produced by Ford Motor Co., General Motors Co. and Fiat Chrysler Automobiles. Ain which Tesla’s design chief cracked supposedly shatter-proof glass generated enormous buzz and prompted the company to sell T-shirts featuring the broken windows.
States with right-to-work laws that prohibit unions from requiring prospective hires to join their membership are likely to be contenders for Tesla’s facility, said John Boyd, principal of a manufacturing site-selection firm based in Princeton, N.J. “I’d put Tennessee, Indiana, Kentucky, Texas and Michigan on the list,” Boyd said. “This will be a trophy project for the automotive sector.”just before announcing its equity offering that its annual capital expenditures budget will be as much as $3.5 billion through 2022, more than double what it spent in 2019.
The battle between states will play out as President Trump, who’s vowed to revive the American auto industry, looks likely to face off in November against Joe Biden, the vice president in the Obama administration, which backed General Motors and Chrysler through their 2009 bankruptcies.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Elon Musk says Tesla has now produced 1 million electric vehiclesMusk congratulated the 'Tesla team' on the milestone via Twitter.
Leer más »
Elon Musk congratulates Tesla on making 1 million electric carsTesla has assembled 1 million vehicles since its founding about 17 years ago, CEO Elon Musk said on Twitter.
Leer más »
Elon Musk’s Drive To $55 Billion Tesla Payday Slowed By COVID-19 Stock SlideThe breathless surge in Tesla shares raised expectations that CEO Elon Musk would soon hit the first tranche of a jaw-dropping pay package worth at least $55 billion over a decade
Leer más »
Elon Musk Says Incentives, Costs Will Influence Site of New U.S. Tesla FactoryElon Musk said on Twitter that the Silicon Valley electric-car maker is scouting locations for a new factory to build the company’s coming pickup truck and Model Y compact sport-utility vehicle
Leer más »
Elon Musk says Tesla is scouting locations for a Cybertruck factory in the 'central USA' - Business InsiderIn a series of tweets Tuesday, Musk said Tesla is also looking at east coast locations to produce its Model Y compact SUV.
Leer más »
Tesla is now the highest-valued US industrial company after overtaking Boeing (TSLA) | Markets InsiderTesla is now the highest-valued industrial company in the US, as its market capitalization overtook Boeing's on Wednesday. Tesla's market ...
Leer más »