Friday, August 8, 2014

Any politician stupid enough?

Forbes: Tesla Motors TSLA -1.23% has been playing a game of economic development poker for its $5 billion Gigafactory with five states — Arizona, California, Nevada, New Mexico and Texas.
Last week, Tesla’s billionaire CEO Elon Musk revealed the bid he expects from the winning state. Musk, speaking on a conference call with analysts, said the place that gets the Gigafactory will need to put up 10 percent of the total cost, meaning $500 million.

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