Earlier this week, budget watchdogs wrote an open letter warning five states, including California, not to offer too many incentives to Tesla.
The report from the Manhattan Institute for Policy Research shows the manufacturing sector in Silicon Valley has been a leading factor for economic growth in the region.
Toyota’s announcement this week that it’s moving 3,000 sales and finance jobs from Southern California to Texas leaves the Torrance headquarters behind in the dust.
Electric car manufacturer Tesla is taking over a vacant distribution facility in the Central Valley town of Lathrop, according to a published report.
City officials confirmed Sunday that they have made a bid for electric-car maker Tesla Motors to consider Tucson for the site of a massive battery factory that would employ 6,500 people.
Welcome to Fremont, a nondescript suburb of 217,000 tucked in the high-tech region between San Francisco and the Silicon Valley where something unique is happening: manufacturing.
Apple CEO Tim Cook has said the company will move production of one of its existing lines of Mac computers to the United States next year.
U.S. manufacturing shrank in November to its weakest level since July 2009, one month after the Great Recession ended.
Auto manufacturing is back in America – especially in Michigan, Ohio and Pennsylvania because President Obama made the politically risky decision to bailout the auto industry after bailing out the banks. It was a decision that worked. Obama was right, Romney was wrong. So Romney is now in full lying mode. He is trying to retroactively re-write the wrongs in his writings.
Yes, it’s great that all turned out well for the auto workers, but it is absolutely horrendous to know that the American taxpayers via President Obama’s actions could have been left standing for billions of dollars – and still might.