Elon Musk says he may be interested in buying some closing GM plants


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Elon Musk says there’s a chance Tesla can be enthusiastic about shopping for among the vegetation that Basic Motors lately introduced it plans to shut.

Musk made the feedback in an interview with CBS’s 60 Minutes that’s anticipated to air on Sunday.

On Nov. 26, Basic Motors introduced plans to close down 5 vegetation in North America subsequent yr, together with one in Ontario, as a part of a wider restructuring effort.

GM closing Oshawa plant as part of broader restructuring

The closure of the corporate’s plant in Oshawa, Ont., is anticipated to place 2,500 individuals out of labor.

In a video CBS posted on-line Friday forward of the interview broadcast, Musk was requested if he would wish to purchase a few of these GM vegetation.

WATCH: Elon Musk reveals Tesla was ‘near dying’ earlier this yr

“It’s doable that we might have an interest, if (they) had been going to promote a plant or not use it, that we might take it over,” Musk mentioned.

Musk additionally recommended within the interview with Lesley Stahl that he welcomes the rival automaker’s plan to extend funding in electrical automobile expertise.

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“The entire level of Tesla is to speed up the arrival of electrical automobiles and sustainable transport,” he mentioned. “We’re attempting to assist the setting. We expect it’s probably the most major problem humanity faces.”

Musk stepped down as chairman of Tesla earlier this fall as a part of a settlement take care of the U.S. Securities and Alternate Fee. The U.S. company filed a lawsuit alleging that Musk duped buyers in August with deceptive statements on Twitter about securing the funding to take Tesla personal.

He stays CEO of the corporate.

—With information from the Related Press

© 2018 World Information, a division of Corus Leisure Inc.

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