Will Teslas Soon Be Built In Detroit?
When last we heard from Tesla and Space X mastermind Elon Musk, he was coming to Flint's rescue. Now the businessman, entrepreneur and philanthropist has another rescue on his mind. This one, however, is not just out of the kindness of his heart. As my dad used to say: "There's a method to his madness". Which may be appropriate because more than a few people think he's a little crazy.
According to a report on wxyz.com, Elon Musk and company would consider buying General Motors plants facing foreclosure. As we recently heard, GM is closing plants in Ohio and two in the Detroit Metro area; specifically in the Hamtramck, Warren and Lordstown, OH areas. Musk recently said on 60 Minutes: "It's possible that we would be interested. If they were going to sell a plant or not use it that we would take it over." And this would not be unprecedented as Tesla once bought a plant co-owned by GM and Toyota back in 2010 for 42 million dollars and turned out to be one of their main production facilities.