Tesla CEO Elon Musk said in a TV interview that “it’s possible” that his company would buy several General Motors factories that the company has slated to close.
Last month, GM announced plans to close five plants in Ohio, Maryland, Michigan and Ontario in 2019. Additionally, the automaker said it would cut its workforce by 15% and discontinue some of its models.
The move was the company’s biggest reorganization since filing for bankruptcy in 2009, which ended in a bailout by U.S. and Canadian taxpayers. Part of that restructuring included more of a focus on electric cars, news that Musk celebrated in the interview with 60 Minutes.
“The whole point of Tesla is to celebrate the advent of electric vehicles and sustainable transport, try to help the environment, we think its the most serious problem that humanity faces,” Musk said.
If Musk makes good on his statement, it wouldn’t be the first time his company has taken over facilities after closures by other companies–nor the first time the company would take over a plant used by GM.
Tesla’s factory in Fremont, Calif. was previously a Nummi plant, jointly owned by Toyota and General Motors, which at its peak produced more than 350,00 vehicles annually. After GM declared bankruptcy in 2009 and Toyota sold its stake, Tesla bought the plant in 2010 for $ 42 million.
SPECIAL NEWS BULLETIN:
http://www.acrx.org -As millions of Americans strive to deal with the economic downturn,loss of jobs,foreclosures,high cost of gas,and the rising cost of prescription drug cost. Charles Myrick ,the President of American Consultants Rx, announced the re-release of the American Consultants Rx community service project which consist of millions of free discount prescription cards being donated to thousands of not for profits,hospitals,schools,churches,etc. in an effort to assist the uninsured,under insured,and seniors deal with the high cost of prescription drugs.-American Consultants Rx -Pharmacy Discount Network News
Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine!
SPECIAL DONATION REQUEST UPDATE:
Please help American Consultants Rx achieve it’s biggest goal yet of donating over 30 million discount prescription cards to over 50k organizations in an effort to assist millions of Americans in need. Please click here to donate today!