Elon Musk may right now be America’s favorite high-tech entrepreneur. States are competing with each other to gain the right of hosting any of Musk’s future investments. An example of such a competition is reflected by the struggle to host the launch site of SpaceX, which was eventually won by Texas. Tesla Motors produced critically acclaimed automobiles. The electrical car is not only … [Read more...]
Tesla’s Gigafactory Record Bid
Tesla Motors has all but shaken down the five states that are competing for its $5 billion Gigafactory: Arizona, Nevada, California, New Mexico and Texas. Its CEO, Elon Musk, announced during a conference call with analysts, that he will be expecting a $500 million bid from the winning state that gets the Gigafactory. Greg Jefferson, business editor of the San Antonio Express-News expressed his … [Read more...]
