Elon Musk shows interest in taking over closing GM plants (VIDEO)

Dec 10 2018, 2:13 pm

Just weeks after General Motors confirmed that its Oshawa assembly plant will be one of three closed in North America next year, Elon Musk publicly expressed interest in taking over the spaces.

In a recent interview on 60 Minutes, the Tesla CEO said that he is interested in the GM 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,” Musk said.

Musk also said that the whole point of Tesla is to accelerate the advent of electric cars and sustainable transport, while trying to help the environment, which he thinks is the “most serious problem humanity faces.”

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According to a statement from GM, the company is taking steps to “improve overall business performance including the reorganization of its global product development staffs, the realignment of its manufacturing capacity, and a reduction of salaried workforce.”

Over the past four years, GM said it has refocused capital and resources to support the growth of its crossovers, SUVs and trucks, adding shifts and investing $6.6 billion in US plants that have created or maintained 17,600 jobs.

And now, with “changing customer preferences in the US and in response to market-related volume declines in cars, future products will be allocated to fewer plants next year.”

Besides Oshawa, GM plants affected are in Detroit, Michigan and Ohio.

Watch the complete interview below:

DH Toronto StaffDH Toronto Staff

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