Red State Taxpayers Are At Risk Of Being Latest Victims Of Electric Vehicle Gambles

Taxpayers could be on the hook if electric vehicle (EV) manufacturer Rivian fails to resume progress on its multi-billion dollar Georgia plant.

Rivian announced on March 7 that it would be pausing construction on its $5 billion manufacturing plant that is supposed to be built just east of Atlanta, Georgia, worrying lawmakers and taxpayers in the state that the plant may never be built. However, local authorities had given the company up to $1.5 billion in subsidies and tax incentives with the expectation that Rivian would bring in jobs and tax revenue.

This has been ongoing for a while but this article is another example of the outright and disgusting corruption perpetrated by Kemp and his fellow corrupt POSs in the Economic Development/Joint Development Authority, being the sneaky and corrupt POSs that they are, screwing over the people of Georgia.

https://reason.com/2023/05/01/rivian-continues-to-hemorrhage-money-despite-1-5-billion-in-state-incentives/

https://reason.com/2023/04/12/georgia-is-shoveling-cash-into-a-failing-electric-vehicle-company/

https://reason.com/2022/12/28/free-market-think-tank-names-georgia-electric-vehicle-plant-the-worst-economic-development-deal-of-2022/

https://reason.com/2024/03/08/rivian-pauses-construction-at-factory-that-costs-georgia-taxpayers-1-5-billion/

https://www.latimes.com/business/story/2024-02-22/ev-rivian-stock-price-what-happened

The Governor, his crew and the company have destroyed 2000 acres of beautiful land, with the eager help of the guy who inherited it from his parents. And what do you know, he was one of the corrupt POSs on the joint development authority. He waited until both of his parents to die before he sold it.

Meanwhile......

Belgium’s ports drowning under glut of Chinese electric cars: ‘Some are parked here for a year, sometimes more’
https://freerepublic.com/focus/f-chat/4236003/posts

Nobody wants them. The leftists are trying to force them on an un willing public.

10 years ago, Andrew Cuomo gave Tesla nearly $1 billion to build a solar panel plant in Buffalo NY.

The state built SolarCity (later absorbed into Tesla) a new factory, which never came close to employing the “many thousands” of workers intended. When it runs, it basically does final packing for low-end products produced elsewhere employing maybe 200-300 people.

Also coming from this “investment” were several political-crony financial corruption / kick-back cases

Now Democrats in New York aren’t allowed to talk about it.

Will Americans ever learn? NO.

<>But just maybe Rivian will be enough to get the poor, abused taxpayers of Georgia to finally start holding their leaders accountable for lighting taxpayer dollars on fire like Sherman did to Atlanta.”<>

LOL.

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.