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Elon Musk Announces China Tesla Plant After Paying Lip Service to Trumpís Trade Campaign
Breitbart ^ | 7/11/2018 | Joshua Caplan

Posted on 07/11/2018 9:47:06 AM PDT by stars & stripes forever

CEO Elon Musk said the plant, whose plans have reportedly been in the works for a year, would eventually have an annual production capacity of 500,000 cars, adding that he hoped it would be “completed very soon.”

A joint announcement released by Shanghai’s government said a preliminary agreement had been signed to build the plant in the commercial hub’s Lingang district.“Shanghai will be the location for the first Gigafactory outside the United States,” said Musk. “It will be a state-of-the-art vehicle factory and a role model for sustainability. We hope it will be completed very soon.”

The announcement has raised questions about how the new facility will be paid for. Tesla benefits from millions in U.S. government subsidies and has been burning through billions of dollars as it has struggled to raise the rate of production of its more “affordable” Model 3 car.

(Excerpt) Read more at breitbart.com ...


TOPICS: News/Current Events
KEYWORDS: china; elonmusk; taxsubsidies; trade

Notice any SIMILARITIES?

1 posted on 07/11/2018 9:47:06 AM PDT by stars & stripes forever
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To: stars & stripes forever

Yogi Bear will eat Musk’s Picnic Basket


2 posted on 07/11/2018 9:49:55 AM PDT by butlerweave
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To: stars & stripes forever

Cancel Musk’s SpaceX contracts.


3 posted on 07/11/2018 9:51:01 AM PDT by tennmountainman ("Trust Sessions" Yeah Right.)
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To: stars & stripes forever

Wow. Well that’s annoying!


4 posted on 07/11/2018 9:51:09 AM PDT by CondoleezzaProtege
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To: stars & stripes forever

obamas subsidies have dried up so solly.


5 posted on 07/11/2018 9:51:30 AM PDT by maddogtiger
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To: stars & stripes forever

Elon, Pie-In-The Sky Musk


6 posted on 07/11/2018 10:00:16 AM PDT by gigster (Cogito, Ergo, Ronaldus Magnus Conservatus)
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To: stars & stripes forever

In before the muskbots.


7 posted on 07/11/2018 10:02:28 AM PDT by Darksheare (Those who support liberal "Republicans" summarily support every action by same.)
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To: stars & stripes forever

Hey, Elon: say “bye-bye” to your intellectual property.


8 posted on 07/11/2018 10:06:19 AM PDT by ReleaseTheHounds ("The problem with Socialism is that eventually you run out of other people's money." M. Thatcher)
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To: stars & stripes forever

This fresh on the heels of Elon’s “bouncy-castle-style springy tunnel” idea to rescue the Thai boys trapped in the cave.

True genius never sleeps!


9 posted on 07/11/2018 10:07:08 AM PDT by Fightin Whitey
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To: stars & stripes forever

Notice the others are not bowing back.

Obama was just infantile.

I won’t call Mush infantile because he has at least achieved, but Obama... LOL.

While Musk’s vision is certainly creative, he has benefited from the federal government’s largess from what I hear.

Wouldn’t he have gone under by now, if the federal government hadn’t stepped in?

I have mixed thoughts on the guy.


10 posted on 07/11/2018 10:08:25 AM PDT by DoughtyOne (Take a look out there folks. Can you see evidence of a Left Wing Hate Group, perhaps fascist too?)
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To: Fightin Whitey

idea to rescue the Thai boys trapped in the cave.

They just drugged them and dragged them out


11 posted on 07/11/2018 10:10:01 AM PDT by butlerweave
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To: stars & stripes forever

He has run out of Muskrat Love for the United States.


12 posted on 07/11/2018 10:10:16 AM PDT by deadrock
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To: stars & stripes forever
Might be more to it. California leftists passed a new law this year concerning Tesla.

Requires Tesla to either unionize with the United Auto Workers Union, or forfeit State incentives to buy their electric cars! Maybe political blackmail doesn’t count as breaking any law. Unions are loving it.

I wouldn't put it past Elon Musk to say FU to CA and take all its jobs out of CA. I bet he moves some operations to someplace in the south where Unions aren't strong.

If the goal of California is to force all good large businesses to move away; they are doing a very good job. Stupid is as stupid does -Forest Gump.

13 posted on 07/11/2018 10:36:51 AM PDT by Boomer (Leftism is the Mental/Moral Equivalent of End Stage Cancer)
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To: stars & stripes forever

China is already the largest electric car market in the world.


14 posted on 07/11/2018 11:16:42 AM PDT by Moonman62 (Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
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To: stars & stripes forever

Elon can get China to subsidize his projects now.


15 posted on 07/11/2018 12:34:11 PM PDT by TigersEye (This is the age of the death of reason.)
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To: TigersEye

Musk’s fancy dancy robotic assembly line didn’t work. He needs cheap labor if he is going to build the cars by hand. Tents are easy to put up in China


16 posted on 07/11/2018 4:08:42 PM PDT by fhayek
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