• General
  • December 9, 2018
  • 4 minutes read

Tesla May Look Into Purchasing Idle General Motors Plants

The Tesla Roadster 2.5, Its first EV produced from 2008-2012 image : Tesla Tesla CEO Elon Musk said in a CBS…

The Tesla Roadster 2.5, Its first EV produced from 2008-2012

image : Tesla

Tesla CEO Elon Musk said in a CBS “60 Minutes” piece that the company may look to purchase some of the five factories General Motors will retire next year marking Tesla as the second rival in two days to signal possible moves of a facility takeover amid a worker downsize from GM.

Amid cutting down workers, GM is under pressure to keep some facilities to prevent job losses as its CEO Mary Barra has attended meeting with members of Congress in Washington for the past two days discussing plans to retire five factories which would affect 14,700 workers.

Tesla CEO Elon Musk

image : Thomas Hawk on Flickr

Tesla’s sole auto plant in California which produces the Model S, Model 3 and Model X vehicles was notably purchased for $42 million from a joint venture by General Motors and Toyota who ran the factory for 25 years prior to the auction.

While Barra spoke with legislators on Thursday, Fiat Chrysler announced plans to restart one of its idle Detroit engine plans and build a new Jeep, escalating displeasure concerning GM’s decision to slash jobs.


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