Elon Musk suggests that the next gigafactory will be in Texas

[midian182]

What just happened? Tesla has been on a roll recently, and it appears that its next project on the agenda could be a new gigafactory in Texas. Company CEO Elon Musk tweeted a poll asking his 31 million followers if building a plant in the state was a good idea.

Musk simply asked “Giga Texas?” in his tweet, which has received 181,445 votes so far. It seems people are in favor of the plan, with 79.2 percent voting “Hell Yeah,” while just 20.8 percent chose “Nope.”

Giga Texas?

— Elon Musk (@elonmusk) February 5, 2020

In addition to the original Gigafactory, aka Gigafactory 1, which is near Reno, Nevada, Tesla has Gigafactory 2 in Buffalo, New York, and giga projects in Shanghai, China, and near Berlin, Germany.

Yesterday brought news that Tesla’s stock has rallied nearly 60 percent in one week, reaching a high of $961. The surge came on the back of its positive fourth-quarter financial report and news that Panasonic’s battery venture with Tesla was profitable for the first time. Additionally, LG Chem and Chinese battery firm CATL signed deals with Tesla over the past week. The share price has given the automaker a market value above $165 billion—more than General Motors Co. and Volkswagen AG combined.

Bloomberg notes that Donald Trump last month said he expected Musk to add another one of Tesla’s giant factories in the US. “He’s going to be building a very big plant in the United States,” Trump told CNBC in an interview. “He has to, because we help him, so he has to help us.”

Texas bans Tesla from selling its cars directly to consumers, and it even tried and failed to stop the company from servicing its cars in-state. It’ll be interesting to see if the Lone Star State softens its stance toward the firm should it be chosen as a new gigafactory site.

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https://www.techspot.com/news/83876-elon-musk-suggests-next-gigafactory-texas.html

 

[psycros]

I hadn't heard about any disagreement between TX and Tesla and having done some brief searching I'm still not clear on what its all about. The state wants all cars to be sold and serviced by dealerships. Tesla does indeed have "galleries" where you can look at the cars but they don't actually sell or service them at these locations, although they apparently WANT to be able to service them. My feeling on that is that if Texas doesn't want manufacturer-operated boutiques then it needs to shut down all the Apple stores and similar corporate outlets immediately. Why should car dealerships get special treatment in this regard? Even if those Tesla "galleries" aren't called dealerships and customers buy the cars online the state can still tax all of Tesla's sales and service. Maybe I'm missing something but I don't see why this is even an issue.

 

[wiyosaya]

I hadn't heard about any disagreement between TX and Tesla and having done some brief searching I'm still not clear on what its all about. The state wants all cars to be sold and serviced by dealerships. Tesla does indeed have "galleries" where you can look at the cars but they don't actually sell or service them at these locations, although they apparently WANT to be able to service them. My feeling on that is that if Texas doesn't want manufacturer-operated boutiques then it needs to shut down all the Apple stores and similar corporate outlets immediately. Why should car dealerships get special treatment in this regard? Even if those Tesla "galleries" aren't called dealerships and customers buy the cars online the state can still tax all of Tesla's sales and service. Maybe I'm missing something but I don't see why this is even an issue.

I would think that it is most likely because it would bring more jobs and more income to tax - assuming Texas has income tax.

 

[Plutoisaplanet]

I hadn't heard about any disagreement between TX and Tesla and having done some brief searching I'm still not clear on what its all about. The state wants all cars to be sold and serviced by dealerships. Tesla does indeed have "galleries" where you can look at the cars but they don't actually sell or service them at these locations, although they apparently WANT to be able to service them. My feeling on that is that if Texas doesn't want manufacturer-operated boutiques then it needs to shut down all the Apple stores and similar corporate outlets immediately. Why should car dealerships get special treatment in this regard? Even if those Tesla "galleries" aren't called dealerships and customers buy the cars online the state can still tax all of Tesla's sales and service. Maybe I'm missing something but I don't see why this is even an issue.

Early on, dealerships were used to sell new mass-market automobiles cheaply and easily all around the US. Agreements were in place between the two types of entities (automakers and dealerships) and it meant that local businesses would be the ones to sell automobiles. Over the years, some automakers tried requiring their dealerships to make drastic changes to their facilities or set others unreasonable requirements. Lobbies were formed by dealerships to protect against aggressive business tactics by automakers and regulations were passed to set limits on what was allowed in franchise agreements from automakers.

Then, a couple of different times, automakers tried opening up their own direct sales stores regardless of local dealerships. A number of states started passing regulations on automakers to prevent competition with their own dealerships, protecting local businesses. Some dealership lobbies were able to get the state to go so far as to require that all passenger vehicle sales must be done through a franchised dealership. Hence, we end up with a problem where a new automaker is formed that does everything differently from the 100+ year old automakers, including by using a direct sales model.

This is my story-told version of the story, I recommend doing some googling to get a proper/higher accuracy version of why things are the way they are.

 

[wiyosaya]

Early on, dealerships were used to sell new mass-market automobiles cheaply and easily all around the US. Agreements were in place between the two types of entities (automakers and dealerships) and it meant that local businesses would be the ones to sell automobiles. Over the years, some automakers tried requiring their dealerships to make drastic changes to their facilities or set others unreasonable requirements. Lobbies were formed by dealerships to protect against aggressive business tactics by automakers and regulations were passed to set limits on what was allowed in franchise agreements from automakers.

Then, a couple of different times, automakers tried opening up their own direct sales stores regardless of local dealerships. A number of states started passing regulations on automakers to prevent competition with their own dealerships, protecting local businesses. Some dealership lobbies were able to get the state to go so far as to require that all passenger vehicle sales must be done through a franchised dealership. Hence, we end up with a problem where a new automaker is formed that does everything differently from the 100+ year old automakers, including by using a direct sales model.

This is my story-told version of the story, I recommend doing some googling to get a proper/higher accuracy version of why things are the way they are.

Kind of off-topic, but to me, this sounds similar to what has lead to telecoms being able to entrench themselves in local economies.

 

[Uncle Al]

I hadn't heard about any disagreement between TX and Tesla and having done some brief searching I'm still not clear on what its all about. The state wants all cars to be sold and serviced by dealerships. Tesla does indeed have "galleries" where you can look at the cars but they don't actually sell or service them at these locations, although they apparently WANT to be able to service them. My feeling on that is that if Texas doesn't want manufacturer-operated boutiques then it needs to shut down all the Apple stores and similar corporate outlets immediately. Why should car dealerships get special treatment in this regard? Even if those Tesla "galleries" aren't called dealerships and customers buy the cars online the state can still tax all of Tesla's sales and service. Maybe I'm missing something but I don't see why this is even an issue.

In the very early days when he was putting these show room only facilities in he caught a lot of flack from a number of states, but that got settled pretty quickly; so I'm wondering if the writer overlooked that? In any case, I don't see any state turning down such a taxable commodity and payroll tax opportunity like that!

 

[Evernessince]

"He has to, because we help him, so he has to help us"

How'd that work out with carrier?

 

[tkabou]

"He has to, because we help him, so he has to help us"

How'd that work out with carrier?

Trump's brought back more jobs with his "magic wand" than your idol and smooth operator Obama. Just because one non-patriotic company decided to move their business across the border doesn't mean the administration has failed to live up to their promises. The USMCA also is ensuring Carrier is appropriately taxed by being in Mexico.

 

[wiyosaya]

Trump's brought back more jobs with his "magic wand" than your idol and smooth operator Obama. Just because one non-patriotic company decided to move their business across the border doesn't mean the administration has failed to live up to their promises. The USMCA also is ensuring Carrier is appropriately taxed by being in Mexico.

https://markets.businessinsider.com...dictions-were-that-this-could-never-be-done-3

US Lost 12,000 blue collar manufacturing jobs in December 2019.

 

[Evernessince]

Trump's brought back more jobs with his "magic wand" than your idol and smooth operator Obama. Just because one non-patriotic company decided to move their business across the border doesn't mean the administration has failed to live up to their promises. The USMCA also is ensuring Carrier is appropriately taxed by being in Mexico.

I never said anything about Obama

That you automatically assume he is my idol is hilarious.

This is you in this video right now

Record farm bankruptcies and an increasing pace of automation. Who would have thought that companies would spend money to their best interests, not America's.

 

[wiyosaya]

I never said anything about Obama

That you automatically assume he is my idol is hilarious.

This is you in this video right now

Record farm bankruptcies and an increasing pace of automation. Who would have thought that companies would spend money to their best interests, not America's.

Honestly, I don't know whether to laugh of cry!

 

[Evernessince]

Honestly, I don't know whether to laugh of cry!

You laugh because it's actually hilarious but it's sad because I've personally met quite a few people like that. I live in a republican dominated area.

 

[captaincranky]

Yeah, Musk will build his next factory in the US......Right after he borrows the money from China to build it.

 

[wiyosaya]

You laugh because it's actually hilarious but it's sad because I've personally met quite a few people like that. I live in a republican dominated area.

I cannot imagine living in an area where people like that are the norm. IMO, it is sad!

About as close to that as I am is one house on a street near me has a Trump sign on one side of a tree and a MAGA Country sign on the other side of that same tree.

It's amazing to me that they seem to like him and don't know why. It must be the propaganda he spouts.

If you repeat a lie often enough, people will believe it, and you will even come to believe it yourself.

- Joseph Goebbels

 

[wiyosaya]

Yeah, Musk will build his next factory in the US......Right after he borrows the money from China to build it.

Well, it sounds like he might be spinning off "Starlink" to some unsuspecting sap. He will probably finance the factory with the loot from the sale.

 

[Evernessince]

I cannot imagine living in an area where people like that are the norm. IMO, it is sad!

About as close to that as I am is one house on a street near me has a Trump sign on one side of a tree and a MAGA Country sign on the other side of that same tree.

It's amazing to me that they seem to like him and don't know why. It must be the propaganda he spouts.


- Joseph Goebbels

The thing is, the longer you root for a team, the more invested you become. Trump's strategy of division also plays into that. It makes it extremely hard to "switch sides" so to speak. It's either Trump supporters continue being Trump supporters or they deny everything they've know for the last 4 years. You've also seem how republicans treat those with a different opinion on the national stage (Mit Romney for example). If the party of Trump can't tolerate a single opinion that doesn't line up with Trump's message, that's a cult not a party.

The sad part is the moderate republicans that are being chased out of the party are sorely needed as the deficit is out of control.

 

[captaincranky]

I cannot imagine living in an area where people like that are the norm. IMO, it is sad!

About as close to that as I am is one house on a street near me has a Trump sign on one side of a tree and a MAGA Country sign on the other side of that same tree.

It's amazing to me that they seem to like him and don't know why. It must be the propaganda he spouts....[ ]....

Well , I could never get you to believe what the people I live with are like. Sorry to say this, but you inadvertently fall into that same category, just at the opposite end of the spectrum.

I've found through amateur psychological evaluation and field testing, if you tell someone how they can bother your, or screw you in some way, that they'll trip over themselves in their hurry to stick it to you. And no matter little you have, someone with less will try and take if from you

A therapist I know said that her therapist told her, "90% of all people are a**holes". This coming from a PHD.

I think there's a saying something on the order of, "if you want friends, tell people what they want to hear. If you want to be alone, tell them the truth.

Man is nowhere as "sapient" as he claims, he just nods his head in agreement with the rest of the herd

Although your Goebbels quote is a worthy find, I think that Trump doesn't have to tell himself the same lie over and over to believe it. That's what makes him a sociopath and a pathological liar. Whatever he's saying, he believes on the first try.

I honestly think the Mike Bloomberg is the only candidate who could actually beat Trump

Biden is haggard and tainted

Bernies Sanders comes of as a buffoon..

Elizabeth Warren is a bold face liar about her "native American heritage", and Trump's "Pocahantas" remarks will undoubtedly do irreparable harm to her bid for prssident.

And Buttigegg is simply too gay. Say what you like about my "homophobia", but I strenuously imagine a "house husband in the White House", would be a laughing stock. Perhaps not here, but Putin would jump on any opportunity to take advantage of it for his own gain. Really, if we've become that decadent, it brings back memories of French nobility and the Guillotine. Not to mention any straight "god fearing person", who has been exposed to male/male gay porn, would likely run for the hills and toward Trump.

Like I said, "Bloomberg for President". His ads are spot on, hitting Trump right in his weak spots, hypocrisies, and gross distortions of fact.