Elon Musk SCAMS New York with failed Solar Factory

(00:00.49)

And another big, fat, huge CI told you so. Yup, Elon Musk scammed New York. Again, I hear people are gonna say, what do you mean he scammed New York? Yeah, he scammed New York. He took Andrew Cuomo, former governor of the state of New York, for a fool. And again, we saw this coming a mile away. The state of New York spent over a billion dollars.

over the past 10 years. And we called it, we called it on our program. I said, this is just not gonna work. This is gonna be a disaster. It’s not that difficult of a call, okay? If you are a, you’re a halfway intelligent human being, whenever you see government, government and businesses get together. And why would I tell you a couple of weeks ago about the golden shovel? You see a golden shovel somewhere, not gonna work out. Something bad is gonna happen.

So Musk was saying, hey, I’m going to build this solar panel factory up in Buffalo, New York. Right. This is what Andrew Cuomo said at the time. You almost have to pinch yourself, right? This is too good to be true. Damn straight it was. Andrew, this is back in 2015. Yeah. New York State paid to build, it was a quarter mile long facility.

1.2 million square feet of industrial space. State owns it. It leases this space. Isn’t this special when you love to have, you know, your government basically pay for your office space. Tesla’s getting this facility for a dollar a year. A dollar a year. Also, hey, the state of New York also bought $240 million of solar panel manufacturing equipment. Musk told Andrew Cuomo that by 2020, the Buffalo plant each week would churn out enough solar panel shingles to cover 1,000 roofs.

Right, you know how many are doing a week?

21 installations a week. All of these suppliers that the, again, politicians, these are people that have never had a real job in their entire lives. Never had a real job. I don’t consider politics a real job, okay? I don’t. You’re taking other people’s money. You’re actually stealing other people’s money. You’re taking taxpayer money and you’re doing stupid shit like this. Oh yeah, people are gonna come. If you build it, they will come. What?

Bullcrap, just as much as that micron factory from the chipsack that’s going outside of Syracuse, New York is gonna flop. Just like the Foxconn plant in Wisconsin, flop. Lordstown Motors, we can go on and on and on. This is what happens. This is what happens when politicians wanna get their picture in a paper with big business. They take our money, you and I, and they hand it out to people. I mean, can you blame Musk?

Sure, I’ll take that factory. All he did was call up. Let’s find a sucker. Let’s find us. Oh, stay near Buffalo area, very depressed. No doubt about it. Go up there, you see for yourself. Oh yeah, this is gonna revitalize the entire area. What a load of horse shit. The state comptroller, and I’m not even buying this right now. Not even buying this number, doesn’t add up. They’re saying that they’re.

They found 54 cents of economic benefit for every subsidy dollar spent on the factory.

(03:57.71)

The funny thing is, is that Andrew Cuomo sounded off on this and he actually defended the project. This is how, this is how arrogant these son of a bitches are. This is what, what type of asshole would say, he’s saying, oh, now the site has more jobs than it had when it was an empty lot where a steel mill once stood. You know what?

If you allow people in the state of New York to actually maybe keep all of these taxes that you take for them, they will actually build and create more jobs. You schmuck, you loser a-hole. I’m so sick and tired of these politicians taking our hard earned dollars and doing crap like this. This is why I was pissed off at the freaking CHIPS Act. And we told you right here on the program, they got us all wrapped up. Oh my God, China’s gonna invade Taiwan, then what?

both Republicans and Democrats signed off on that piece of garbage. Again and again and again, we’re played for fools because that’s what we are. Oh, look at me, my golden shovel. Look at me, I’m awesome. We’re creating economic activity by nanomics. You know how much waste we’re gonna see? We had that with Obama’s American Recovery and Reinvestment Act. How many companies went defunct?

When that fool that never started a business an entire life decided he wanted to be an entrepreneur. Let me tell you something, I am an entrepreneur, okay? I know what it takes. I know the work that’s involved, okay? These politicians don’t. I wish, I wish the founding fathers had put in the constitution that government would not be allowed to get involved at all, at all with the private sector, subsidizing it.

Anything. Zip, zero, zilch, nada. Watchdog on WallStreet.com