Tesla New York Factory, pretty telling article

[J.P.M.]

If factory location is on a super fund site, why is that bad?

And how is the incentives any different from the thousands of others local governments pass around? Is it worse than the on Scott Walker penned with Foxconn for up to $3 BILLION.
That pretty much imploded and currently is 1/10 the planned employment.

Elon gets on my nerves as well, but overall he is a net positive.

Put it another way, Solar Roof has issues, but it did bring more interest to solar roofs.

1.) It's only bad to the extent it's good. How good it is depends on the effectiveness of the cleanup.
I was all over that site when it was a steel mill. If you saw and know what I saw and learned about it, you might have doubts too.

2.) That's whataboutism - a race to the moral and ethical bottom and B.S. nonlogic.

3.) Overall, he's a grownup acting like a child. He is, IMO, a conman.

4.) To say Musk's solar roofs have issues is a gross understatement. They'd be no more than a marketing curiosity if Musk's marks had a modicum of solar savvy.

[GoingElectric]

Also, but not related to the Musk scam, the factory is built on the site of a former steel plant and the smart money I know personally knows, or at least claims, the EPA site remediation (which requirements were pretty extensive) was pretty much a rubber stamp, rushed through sham. Having been in that plant several times, I've no problem believing that. Maybe still another facet to the mess.

If factory location is on a super fund site, why is that bad?

And how is the incentives any different from the thousands of others local governments pass around? Is it worse than the on Scott Walker penned with Foxconn for up to $3 BILLION.
That pretty much imploded and currently is 1/10 the planned employment.

Elon gets on my nerves as well, but overall he is a net positive.

Put it another way, Solar Roof has issues, but it did bring more interest to solar roofs.

[GoingElectric]

That Buffalo plant started with Solar City and Musk's cousins, although I think Musk was Chairman of the Board of Solar City at the time. I have always viewed the subsequent Solar City acquisition by Tesla as a huge conflict of interest. To me it was a bail out of Solar City which was on the verge of not meeting the agreements with the State and therefore going to get fines or rollbacks of incentives.

On the other hand, Musk has returned space launches to the USA from Russia which has been a big success. It is notable that the SpaceX COO Gwyn Shotwell probably deserves much of the credit for that. I have an investment property in Southern California and in the past ten years have had numerous Tesla and SpaceX employees as tenants, so I have been a beneficiary of some of those businesses successes. . The Tesla's I own have been great values. I have over put over 160,000 miles on them and they have cost me about $0.10 per mile to operate. Glad I did not invest in the stock. As Chief Twit, Musk now appears to be going off the deep end.

J.P.M.
DanS26

Does not look to be true.
The Buffalo plant was founded 2 companies.
"South Buffalo factory, two companies — Silevo and Soraa — would share the space and kickstart a new clean energy sector. Silevo was to manufacture high-efficiency solar cells and Soraa was to produce LED lights."

https://buffalonews.com/business/local/silevo-s-promise-of-efficiency-lured-key-player-solarcity-into-acquisition/article_af094679-4407-52a4-acc5-3d7b847c7ec7.html

FREMONT, Calif. – When solar energy systems installer SolarCity decided to start making its own solar panels, company executives looked at about 20 different manufacturers.

They decided to buy Silevo – one of the two companies at the heart of the state’s RiverBend clean energy and technology hub.

They did it because they were drawn to the company’s technology, which they believe can produce some of the most efficient solar panels on the market today.

And they did it because New York’s efforts to lure Silevo to Buffalo meant it already had a site and plans in the works to open a factory here – allowing it to build off that work when they decided to make the plant here one of the biggest in the world.

SolarCity purchased an already established company that was approved for the Buffalo location..

Elon took over SolarCity much later, taking on $3.4 billion in debt per records.

SolarCity had never been profitable. In 2015 alone, it lost $710 million.

The losses prompted Elon Musk, its chairman, to push for Tesla, which he also headed, to purchase SolarCity, which was managed by his cousins, Lyndon and Peter Rive. At the time of the merger, SolarCity was $3.4 billion in debt.

This is what I see:
1. people are still employed
2. Musk took a huge hit, when nearly every other company would go Chapter 11 or 13.

The negatives:
Solar a small part of business (when there is huge competition from overseas)
Employment and area growth was not as much as anticipated (so state incentives did not pay off as hoped it would)


The factory builds the Tesla Superchagers, which strongly helps Tesla sales, which increases demand for power generation, such as solar panels for homes.

So-so for Buffalo, good for America.

[J.P.M.]

[QUOTE=DanS26;n437246]Let me get this straight......Musk takes desk jobs moving pictures around from Silicon Valley to Buffalo to satisfy job making requirements from a NY government handout.....and now everyone is upset about it. Apparently these desk jobs are not as good as standing all day working with who knows what chemicals and stuff.

Here in the Midwest, state governments are in a fierce battle with each other to give/throw away as much money as possible on the promise of job creation. The biggest boondoggle to come is the Intel plant outside Columbus OH.....we shall see.[/QUOTE

That's not confined to the midwest.
To maybe aid you in getting the Bufffalo boondoggle straight(er) Dan, jobs have not been created at the south Buffalo plant in anything near the quantities promised and may never be. According to several of my winter visitors from western NY, it's a local joke. everyone knows the state and the local community bought a bill of goods from Musk.
The factory is mostly a ghost town and has been since startup (if it can be called a startup).
Also, but not related to the Musk scam, the factory is built on the site of a former steel plant and the smart money I know personally knows, or at least claims, the EPA site remediation (which requirements were pretty extensive) was pretty much a rubber stamp, rushed through sham. Having been in that plant several times, I've no problem believing that. Maybe still another facet to the mess.

[DanS26]

Let me get this straight......Musk takes desk jobs moving pictures around from Silicon Valley to Buffalo to satisfy job making requirements from a NY government handout.....and now everyone is upset about it. Apparently these desk jobs are not as good as standing all day working with who knows what chemicals and stuff.

Here in the Midwest, state governments are in a fierce battle with each other to give/throw away as much money as possible on the promise of job creation. The biggest boondoggle to come is the Intel plant outside Columbus OH.....we shall see.

[Ampster]

That whole Buffalo Tesla plant was a Musk scam from the beginning. NY state took a bath on it and are still paying.
I know a couple of folks who were high in the local construction outfit that was the prime contractor for the build. Lots of horror stories.

That Buffalo plant started with Solar City and Musk's cousins, although I think Musk was Chairman of the Board of Solar City at the time. I have always viewed the subsequent Solar City acquisition by Tesla as a huge conflict of interest. To me it was a bail out of Solar City which was on the verge of not meeting the agreements with the State and therefore going to get fines or rollbacks of incentives.

On the other hand, Musk has returned space launches to the USA from Russia which has been a big success. It is notable that the SpaceX COO Gwyn Shotwell probably deserves much of the credit for that. I have an investment property in Southern California and in the past ten years have had numerous Tesla and SpaceX employees as tenants, so I have been a beneficiary of some of those businesses successes. . The Tesla's I own have been great values. I have over put over 160,000 miles on them and they have cost me about $0.10 per mile to operate. Glad I did not invest in the stock. As Chief Twit, Musk now appears to be going off the deep end.

[J.P.M.]

That whole Buffalo Tesla plant was a Musk scam from the beginning. NY state took a bath on it and are still paying.
I know a couple of folks who were high in the local construction outfit that was the prime contractor for the build. Lots of horror stories.

[peakbagger]

I guess the whole Solar Room thing has gone south. Tesla's solar factory in Buffalo fizzles - Investigative Post : Investigative Post