Giga Ontario May Be Next For Tesla

PublishedDuring the recent Tesla Cyber Rodeo — aka annual stockholder meeting — Elon Musk suggested that Tesla might build 10 to 12 new factories in the coming years. When a member of the audience shouted out “Canada!” Musk said, “I’m half Canadian. Maybe I should.

Located just across the border from Detroit, Ontario already has a thriving automotive industry composed of manufacturers and suppliers.

But building cars in Canada won’t avoid the burden of the restrictions the new law imposes on batteries manufactured with materials or components sourced from China. Tesla has just entered into a deal to buy, yet the companies that are actually supplying the nickel are Chinese. Will that run afoul of the new restrictions? The truth is, nobody really knows for sure at this point.

Another factor Tesla needs to be aware of is that the automotive sector in Canada is heavily unionized. Elon has a virulent distaste for labor unions, but he would be building a new factory in the heart of an economy where unions are the norm, not the exception. That calls to mind this old aphorism: “Be careful what you wish for. You just might get it.”

nice Tesla

If Tesla needed capacity in the north east, methinks it would simply expand Giga Buffalo vs building a completely new greenfield factory a few miles north.

Hell yeah! Tesla then could source some of their Nickel from CanadaNickel in the same province. cnc cnikf tsla

That seems dumb. There are other continents which need gigafactories. They are only selling at their production limit until Texas is at full production. And continuing the fiscal dumpster fires of new factories without getting into the black first is dangerous.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China: Tesla EV Sales Decreased In July 2022 To Below 30,000July has been another slower month in terms of vehicle production at the Tesla Giga Shanghai plant in China. Expected considering the Giga Shanghai has been closed the first half of the month and the rest was dedicated to export.
Source: InsideEVs - 🏆 579. / 51 Read more »

Tesla & Indonesia Agree On Nickel Supply Deal Worth $5 BillionTesla has entered into an agreement with Indonesia to purchase $5 billion worth of nickel over the next 5 years.
Source: cleantechnica - 🏆 565. / 51 Read more »

Tesla's New Speedy Service Plan Drops Some Loaners, Uber OptionsWith Tesla's new quicker 'Formula 1' style service, the automaker may only provide alternative transportation for customers with multi-day service situations.
Source: InsideEVs - 🏆 579. / 51 Read more »

Blade Reportedly Lands Black Panther's Oscar-Winning Costume DesignerOscar-winning BlackPanther costume designer Ruth E. Carter has reportedly joined the crew of Marvel's Blade reboot. BlackPanther Ruth E. Carter you do know because of' costume design ' the storyplot core of Blackpanther was changed a hero who didnt rely alot on tech but the blackpanther spirit , see how they changed that , like they did in starwars Force🖖🥸 jar jar abrams ' bendis ' remake Reboot Tho Interesting:
Source: ComicBook - 🏆 65. / 68 Read more »

Elon Musk Sells 7.92 Million Tesla Shares Worth $6.88 BillionTesla CEO Elon Musk sold 7.92 million shares of Tesla worth around $6.88 billion, according to a series of financial filings published Tuesday night. I mean.. Gotta pay those Twitter bills bro
Source: nbcchicago - 🏆 545. / 51 Read more »

Elon Musk sells $7 billion in Tesla stock, gearing up for Twitter battleTesla CEO Elon Musk has given himself some financial cushion by selling nearly $7 billion in Tesla stock.
Source: dcexaminer - 🏆 6. / 94 Read more »