I think it’s closer to 1800 now, but part of the agreement is they have to employ more statewide as well, of which there are around 3,000. I might have mixed up the thousands with the statewide requirement, not factory requirement.
The deal for this factory was made before Tesla was involved. It was with another solar company which then was bought by Solar City which was then bought by Tesla. They up’d the investment when Tesla got involved.
This agreement has had these people employed, paying taxes, for 8-9 years now. That’s more than the 3000 homeless people would have had for 6 years, and by the end of the lease, will be more than your 100k/y for 1500 people. And that money building the factory, went into skilled professionals salaries as well, most of who probably lived in NY.
And NY owns the factory and land, which is still worth hundreds of millions, and with or without Tesla will still have economic activity.
Was the deal a great deal for NY? In the end, it doesn’t sound like it (hence failure), but they still have a factory and if they really wanted, they could kick Tesla out and bring someone else in to better align with the original intention of high tech jobs.
Its not like the money just vanished and is gone forever. Although NY did take a loss on purchasing some manufacturing equipment, that it then sold at a loss, so that part however much it is, is indeed gone, and its part of why its being called a failure.
I think it’s closer to 1800 now, but part of the agreement is they have to employ more statewide as well, of which there are around 3,000. I might have mixed up the thousands with the statewide requirement, not factory requirement.
The deal for this factory was made before Tesla was involved. It was with another solar company which then was bought by Solar City which was then bought by Tesla. They up’d the investment when Tesla got involved.
This agreement has had these people employed, paying taxes, for 8-9 years now. That’s more than the 3000 homeless people would have had for 6 years, and by the end of the lease, will be more than your 100k/y for 1500 people. And that money building the factory, went into skilled professionals salaries as well, most of who probably lived in NY.
And NY owns the factory and land, which is still worth hundreds of millions, and with or without Tesla will still have economic activity.
Was the deal a great deal for NY? In the end, it doesn’t sound like it (hence failure), but they still have a factory and if they really wanted, they could kick Tesla out and bring someone else in to better align with the original intention of high tech jobs.
Its not like the money just vanished and is gone forever. Although NY did take a loss on purchasing some manufacturing equipment, that it then sold at a loss, so that part however much it is, is indeed gone, and its part of why its being called a failure.