Slightly off-topic, but interesting - Tesla bought the NUMMI plant this year at a huge discount. They plan to build the Model S there, and owning a factory was a requirement of Tesla receiving the $465 million government loan they got.
According to Wired, the plant had been recently valued at nearly $1 billion, but Tesla was able to purchase it for $42 million (it was being shut down because of the recession and after GM pulled out).
According to Wired, the plant had been recently valued at nearly $1 billion, but Tesla was able to purchase it for $42 million (it was being shut down because of the recession and after GM pulled out).
Sometimes it's about more than just innovation.