Elon Musk Says Tesla, SpaceX Manufactured In Costly California Just Because He Lived There Even As Rivals Boeing, Lockheed Martin Left: 'These Were Done In Spite Of, Not Because Of, The California Govt'

Quick Summary:

It was previously owned by NUMMI, a joint venture between General Motors and Toyota which ended when GM entered bankruptcy in 2009.“Tesla took over the derelict building, after it was stripped of anything useful, and it is now the highest production car factory in the Americas!

Billionaire CEO Elon Musk said on Tuesday that his companies, Tesla Inc.(NASDAQ:TSLA) and SpaceX, started manufacturing in California despite the higher cost because he lived in the state.

What Happened: Tesla bought its Fremont Factory from Toyota Motor in 2010.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Anan Ashraf

Category: Technology

Markets: United States

Topics: Mobility Tesla SPACE Donald Trump Tech TSLA US88160R1014 News Elon Musk Benzinga SpaceX

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-23 @ 06:07:40 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 417 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23212322

View Article Analysis

About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 18 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 12 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions