• Musk: “It's Possible” Tesla Would Buy Shuttered GM Factories

    9 days ago - By Fortune

    Tesla CEO Elon Musk said in a TV interview that “it's possible” that his company would buy several General Motors factories that the company has slated to close.
    Last month, GM announced plans to close five plants in Ohio, Maryland, Michigan and Ontario in 2019. Additionally, the automaker said it would cut its workforce by 15% and discontinue some of its models.
    The move was the company's biggest reorganization since filing for bankruptcy in 2009, which ended in a bailout by U.S. and Canadian taxpayers. Part of that restructuring included more of a focus on electric cars, news that Musk...
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