Elon Musk’s $1B NY solar panel factory is reportedly a ‘boondoggle’ for taxpayers
Posted on AllSides July 7th, 2023
From The Right
REUTERS
New York state has spent nearly $1 billion since 2014 building what Elon Musk envisioned as the largest solar panel factory in the Western Hemisphere — but the deal is proving to be a disastrous boondoggle for taxpayers, according to a report.
The 1.2 million-square-foot, quarter-mile-long “Tesla Gigafactory 2” is located in Buffalo, NY.
The state spent $959 million to build and equip it in one of the most costly ventures of its kind for the Empire State.
