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1 year agoI’m no industry expert, but I’d assume there’s also a shortage of other things necessary for a chip fab as well. Machining, component parts, etc. It’s not just the chip fab but also the local supply lines and economic infrastructure. That all has to be established from the ground up in AZ whereas it already exists in Asian locales like Taiwan, Korea, and China. Economist Noah Smith has been hammering about this for a while - he calls these network effects “agglomeration”
Honest question here, would you purchase your Tesla again? I’m in the market for a new car and am really considering an EV. The problem is, I need something with some utility, such as a Model Y, a Rivian, or an F150 Lightning.
The Rivian and the Lightning are out of my price range. The Model Y is more affordable. But I have reservations about Tesla both from a quality control standpoint and from a social standpoint (it being a Musk company).