Elon Musk Says it’s ‘Possible’ Tesla Would Buy Ohio’s General Motors Plant

Elon Musk

Tesla CEO Elon Musk expressed interest in purchasing the five General Motors facilities that are set to close in 2019, including one in Lordstown.

In a teaser for his upcoming interview with 60 Minutes, Musk was asked if he would “want to buy some of those plants.”

“It’s possible that we would be interested if they were going to sell a plant or not use it that we would take it over,” he responded.

General Motors announced in late November that it would be halting production of its Chevy Cruze, which is produced in Lordstown, but hasn’t indicated that it would repurpose the facility to produce a new vehicle. As a result, an estimated 1,618 Ohioans are expected to lose their jobs, but could find new employment with Musk’s Tesla.

General Motors, however, is one of Tesla’s main competitors, and plans to invest more resources into producing electric cars. But Musk is “celebrating” that fact, 60 Minutes explains, because “the whole point of Tesla is to accelerate the advance of electric vehicles.”

“If somebody comes and makes a better electric car than Tesla and it’s so much better than ours that we can’t sell our cars and we go bankrupt, I still think that’s a good thing for the world,” Musk said.

President Donald Trump claims he’s been pressuring General Motors to produce a new car at its Lordstown plant, and even suggested that his administration would look at “cutting all” subsidies for the company.

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Anthony Gockowski is managing editor of Battleground State News and The Minnesota Sun. Follow Anthony on Twitter. Email tips to [email protected].

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  1. […] a December 7th teaser for a full segment on 60 Minutes, Musk revealed that he would be open to acquiring some, if not all, of the plants GM was intending to close. a […]