Blog2Some Good News for The Bay Area!
Calendar Posted Thu May 20 05:40PM

Tesla CEO Elon Musk announced Thursday evening that he would buy the defunct NUMMI auto manufacturing plant in Fremont and build cars there with Toyota.

Gov. Schwarzenegger said Toyota is investing $50 million in Tesla and the partnership will produce 1,000 new jobs in the short term. Tesla CEO Elon Musk said over the long-term he thinks the partnership will create 10,000 jobs.
Read more: Tesla to buy NUMMI plant, build cars with Toyota - San Francisco Business Times

See the full Business Times article at: http://www.bizjournals.com/sanfrancisco/stories/2010/05/17/daily65.html

Great news for many people out of work. 4700 jobs were lost when the plant was closed earlier this year. Will they rehire previous employees?

 


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