Could Elon Musk save the jobs of GM workers? Tesla founder 'would be interested' in taking over General Motors' idled factories The tech mogul said 'it's possible' that Tesla would take over GM's idled plants General Motors announced this week would be close to five factories in the USTesla previously purchased an idled factory owned by GM and Toyota in 2010 By Annie Palmer For Dailymail.com Published: 18:36 EST, 7 December 2018 | Updated: 21:49 EST, 7 December 2018 Elon Musk is eyeing General Motors' once-occupied plants. The billionaire tech mogul said it's possible [Tesla] GMO last month.The comments came during the interview with GM's last month.The comments came during the interview with CBS '' 60 Minutes. November that the car manufacturer would close five factories in North America and lay off some 14,700 workers as a result. Musk indicated that Tesla could make a look at the factories, joining a list of others who are interested in creating jobs. Musk told interviewer Leslie Stahl. Musk has been idled factories from other carmakers in the past. In 2010, Tesla bought a plant owned by GM and Toyota for $ 42 million and Fox Business reported. Prior to Musk's comments, Fiat Chrysler said it plans to reopen one of its engine plants in Detroit. Billionaire tech mogul and Tesla CEO Elon Musk said it's' possible that [Tesla] last year GM announced it would be closing five plants across North America in 2019 because it would no longer produce six models of cars. The result is 14,000 jobs and no longer existAs part of GM's announcement, the firm also said it would be doubling down on investments in electric cars and autonomy. Musk said he is not deterred by GM's interest in electrification. 'The whole point of Tesla is to accelerate the advent of electric vehicles,' Musk said in the interview. 'If it comes from a better electric car than Tesla it is so much better than ours that we can not sell our cars and we go bankrupt, I still think that's a good thing for the world. the process of ramping up production of the Model 3. On Thursday, the company announced that it would be opening up for the first time. Pricing outside North America is expected to be more expensive, with some estimates coming in at between $ 60,700 to $ 67,000. By comparison, long-range, all wheel drive Model 3s go for $ 53,000 in the U.S. WHAT IS TESLA'S MODEL 3 ELECTRIC CAR? Tesla's Model 3 is the company's first lower-cost, high-volume car.The electric sedan is crucial to Tesla's five-seat sedan will travel 215 miles (133 kilometers) on a single charge. It will be sporty, accelerating from zero to 60mph (0-100kph) in under six seconds. The Model 3 is Tesla's first lower-cost, high-volume car. The first models of the $ 35,000 (£ 27,000) electric vehicle started production in July 2017 The car has no traditional dashboard, but instead a computer monitor in the center of the car which shows details about the car and its route.It will be controlled via to single wheel of the wheel with a single scroll button.The first models of the $ 35,000 (£ 27,000) electric vehicle started production in July 2017.But the company has suffered production woes ever since, frequently missing the targets when the vehicle was announced in 2016.
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