The Army could go EV and solar power … sorry, I mean Solar power by CAT![]()
Yeah … they are worldwide in industry as well - and few folks know they came from International HarvesterI think the Navy learned about Solar by CAT long ago...
Many people think that Mexico is a cheap place to do business. Simply put it is not. First as we all know the government is increadibly corrupt and very unstable. A company may make a deal and in a few years a new political party comes in and renigs on all the contracts. Mexico has socialized medicine and companies must pay for for it. While salaries may be low, companies must deal with unions and these are just as if not more corrupt. The base ad valorem tax is 16% that means EVERYTHING is taxed at that rate including all utilities. Crime plays a significant part too Mexico is a very insecure placeon top af governmental corruption you get organized extortion that makes the Italian mafia look like the boy scouts. I could go on and on about this subject but I dont want to get political, I was born in Mexico, I lived there in the 70 and 80's and from 2014 until 2019. Ive worked there and have done business there, but I will tell it is not a good place to do business. Yes some companies have done well there but I can gurantee that they have paid for it dearly.
NUMMI was Fremont's largest employer. When Toyota and GM shuttered NUMMI, thousands of good paying jobs were lost. Fremont's local tax base was decimated. Houses were lost. Even local restaurants closed. I worked across the street (actually freeway 880) at Lam Research.This factory is going to transform Austin again. The proposed location for the facility is off the Texas autobahn, highway 130 and Harold Greed Rd. 130 is a high speed route from Austin to areas North of San Antonio.
I’m still waiting on Tesla to come out and announce that the “Cybertruck” was a joke, and then release the ACTUAL Cybertruck.I believe Giga Austin will be the largest auto plant in the world. Musk will make good use of all the lessons learned (aka mistakes) from the 10 years in Fremont.
When ramped, it will employ 10,00+ workers.
Yay America!
Of course none of this will improve the look of the Cybertruck. Some say there are 500K reservations. I am not one...