Elon Musk and the $1 Billion ‘Bad Deal’ in Buffalo

Jul 07, 2023, 07:00 AM

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. Plus, Meta’s Twitter competitor, Threads, has quickly attracted tens of millions of users. Ann-Marie Alcántara discusses what they like and don’t like about it.

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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. Plus, Meta’s Twitter competitor, Threads, has quickly attracted tens of millions of users. Ann-Marie Alcántara discusses what they like and don’t like about it.

Learn more about your ad choices. Visit megaphone.fm/adchoices