Quote Originally Posted by edgeman55 View Post
They are far from being out of business.Just east of Reno NV they have built a 4.5 million sq ft facility that is 30% ramped up building batteries for there cars and new tech battery/solar units to tie in and aid residential power consumption.Forbes has said because of there new technology battery manufacturing prices for there batteries will drop and will be very competitive in a global market.In fact they just purchased another 1000 acres in the Tahoe industrial center to build another large factory-Speculation is that some of there new cars or who knows semis will be built there.I would not bet against Musk as he has spent a load of money but can see long range in terms of profit and technology.Plus he has brought thousands of good paying middle class jobs to our area.Were seeing true trickle down economics because of this with new jobs there is a need for new housing ect.Real boom here in Northern Nevada and the Tesla projects started it all.Google,Amazon,Walmart distribution and the worlds largest Cloud called Switch which backs data information world wide are all in the same Industrial center now.Projected jobs to reach 40-50 thousand over the next ten years.
Very good stuff if all of that pans out.