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Elon Musk and the $1 Billion ‘Bad Deal’ in Buffalo | WSJ Tech News Briefing

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New York spent nearly $1 billion on a new solar-panel factory in Buffalo, hoping Elon Musk and Tesla would use it to transform the local economy. But things haven’t worked out as planned, with a local lawmaker calling it a “bad deal.”

WSJ reporter Ted Mann joins host Zoe Thomas to explain what went wrong.

0:00 New York investment in solar-panel factory
1:15 Tesla purchases SolarCity
2:43 The situation in Buffalo now
3:56 State officials’ comments
4:31 What is Tesla getting?

Tech News Briefing
WSJ’s tech podcast featuring breaking news, scoops and tips on tech innovations and policy debates, plus exclusive interviews with movers and shakers in the industry.

For more episodes of WSJ’s Tech News Briefing: https://link.chtbl.com/WSJTechNewsBriefing

#Tesla #ElonMusk #WSJ
Category
Television
Tags
tesla, tesla factory, tesla factory buffalo
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