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$50M worth of Tesla equipment sits unused in a Wheatfield warehouse

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Re: $50M worth of Tesla equipment sits unused in a Wheatfield warehouse

#91

Wait until they hear about the hundreds of billions of dollars worth of all sorts of stuff sitting idle that has been purchased by the DoD and USG paid for by tax money.

We've bought "surplus" Dell and HP servers from different government entities that were two generations old, basically brand new in the box. I wonder what % of purchases go unused for whatever reasons.

"I wonder what % of purchases go unused for whatever reasons."

the same happens in big companies. W have budget cycles so we buy test equipment when the money is in the budget even at the risk of it never being used. Otherwise you can't buy stuff when you actually need it because at that time the budget isn't there.

Same with hiring people. We are letting good interns go because there is a hiring freeze. 8 weeks later we scramble to find new hires because now we have headcount.

Not sure how to do better but it just shows that planned economies tend to produce waste, be it in a corporation or in a communist state.

Re: $50M worth of Tesla equipment sits unused in a Wheatfield warehouse

#92
post #37

As usual, Tesla's involvement in the original deal is reported incorrectly. Tesla had no involvement in the original deal. Nor did Solar City. In fact, Silevo did the deal, was then acquired by Solar City which was then acquired by Tesla.

Well, let's be clear about the timeline. Silevo was planning a factory in upstate New York, and the State of New York was planning to invest $225 million in that project. In June 2014, SolarCity agreed to acquire Silevo. Three months later, with Elon Musk's personal involvement, the Cuomo Administration agreed to increase their investment to $750 million, in a much-expanded deal. Construction of the factory began und…

Based on your timeline, it seems that Tesla was already, at least partially engaged since SolarCity's acquisition of Silevo.

Re: $50M worth of Tesla equipment sits unused in a Wheatfield warehouse

#93
post #80

Earlier quoted context omitted.

I just can't imagine a plausible scenario where a war between nuclear powers comes down to which side has more tanks. Does the US military actually think that it could invade China or Russia with a conventional army without the other side quickly threatening to use nukes? At that point it would become a two true outcome scenario: either the conventional fighting stops or we are all in big trouble.

Russia would threaten nukes to protect its homeland, but would it start a nuclear war over, say, Poland?

The EU is integrating it's military further. So Poland would essentially be a nuclear power. Even right know, Poland has allies, who have made the mistake of ignoring them being invaded for too long, and would probably not do so again.

Re: $50M worth of Tesla equipment sits unused in a Wheatfield warehouse

#94
post #80
post #50

Earlier quoted context omitted.

I’d say this is false, even as I myself am a US Army veteran who spent a year in Iraq 2003-2004. Tanks are still useful, but aren’t as useful against non-conventional forces. The pentagon has spent the past 4-5 years retooling for what they call “near peer” threats which is to say China in the Pacific and Russia in Europe. Tanks, and really good ones in specific, would be required to push back a Russian incursion int…

I just can't imagine a plausible scenario where a war between nuclear powers comes down to which side has more tanks. Does the US military actually think that it could invade China or Russia with a conventional army without the other side quickly threatening to use nukes? At that point it would become a two true outcome scenario: either the conventional fighting stops or we are all in big trouble.

You don't keep tanks around for what happens before the nuclear bombardment, you keep them around for afterwards. Most nuclear assets are pointed at either other nukes or military infrastructure; you'd still a large amount of civilian infrastructure around filled with angry civilians that would want to finish the fight one way or another before nuclear winter fucks everything. And tanks being tanks a fleet would survive everything short of nuclear carpet-bombing fairly well

Re: $50M worth of Tesla equipment sits unused in a Wheatfield warehouse

#95

Earlier quoted context omitted.

https://www.govliquidation.com/ Looks like the site moved to https://www.go-dove.com/

Have you used that site in the past? I see a lot of listings saying something like “24 ea” to describe a lot of 24, but can’t find what the ea means. I’d think it might mean “bid is per item,” but that makes no sense (I’m seeing bids at multiples of what the individual items are worth).

The site is horrible in a sense of trying to figure out what you are buying. Also things like hard drives are usually removed, so you may be looking at a pallet of desktop towers that are unusable until you do some work to them.

I never purchased anything off that site but I did turn stuff into the department that had the responsibility to list stuff on that site.

Re: $50M worth of Tesla equipment sits unused in a Wheatfield warehouse

#96

Earlier quoted context omitted.

https://www.govliquidation.com/ Looks like the site moved to https://www.go-dove.com/

Have you used that site in the past? I see a lot of listings saying something like “24 ea” to describe a lot of 24, but can’t find what the ea means. I’d think it might mean “bid is per item,” but that makes no sense (I’m seeing bids at multiples of what the individual items are worth).

ea is short for each

Re: $50M worth of Tesla equipment sits unused in a Wheatfield warehouse

#97
post #37

As usual, Tesla's involvement in the original deal is reported incorrectly. Tesla had no involvement in the original deal. Nor did Solar City. In fact, Silevo did the deal, was then acquired by Solar City which was then acquired by Tesla.

Well, let's be clear about the timeline. Silevo was planning a factory in upstate New York, and the State of New York was planning to invest $225 million in that project. In June 2014, SolarCity agreed to acquire Silevo. Three months later, with Elon Musk's personal involvement, the Cuomo Administration agreed to increase their investment to $750 million, in a much-expanded deal. Construction of the factory began und…

Why would have Elon Musk been involved? Did he actively participate in SolarCity management before the acquisition?

Re: $50M worth of Tesla equipment sits unused in a Wheatfield warehouse

#98
post #13

I'm slightly confused; is the story that the state of New York bought equipment for Tesla worth $300 million dollars, and a sixth of it is currently unused (meaning five sixths of it is being used currently)?

The history of the Buffalo "gigafactory" is rather sordid... In a nutshell, Tesla and its subsidiaries made large employment and economic growth promises to the state of NY in exchange for massive subsidies (almost $1B total). The state wanted to stimulate growth in an economically depressed region, but those growth expectations have not materialized at all. And now, at least some of the NY state taxpayer financed equipment is apparently being shipped elsewhere or sold instead of helping the economy of Western NY. That's the story here. But the entire story goes much deeper.

Tesla fans don't like to admit it, but the Buffalo "gigafactory" project has been a textbook example of government waste on corporate welfare. Multiple people have gone to jail for corruption / bid rigging on the project. Tesla's subsidies were supposed to be contingent on achieving hiring and economic output goals, but those original requirements have been retroactively watered down multiple times so as to prevent subsidy clawbacks. A local journalist (Dan Telvock) has been detailing considerably more chicanery that has gone done at the Buffalo gigafactory.

Re: $50M worth of Tesla equipment sits unused in a Wheatfield warehouse

#99

Earlier quoted context omitted.

Russia would threaten nukes to protect its homeland, but would it start a nuclear war over, say, Poland?

The EU is integrating it's military further. So Poland would essentially be a nuclear power. Even right know, Poland has allies, who have made the mistake of ignoring them being invaded for too long, and would probably not do so again.

I do have some blindspots when it comes to Poland. Would you be willing to elaborate further? From what I could tell, everything was done to prevent Poland from going on nuclear path. Why would that approach change now?

Re: $50M worth of Tesla equipment sits unused in a Wheatfield warehouse

#100
post #41

Earlier quoted context omitted.

The production of armaments is a bit of an economic anomaly, to be honest. All businesses, including arms manufacturers, require a constant flow of business in order to cover their fixed costs and remunerate their investors (debt holders and shareholders). If governments only order weapons when they need them to fight a war, then the arms manufacturers would shut form at the end of a conflict and would take ages to “…

It seems like it would be a better use of resources to just build up enough of a stockpile that the industry would be able to safely retool into a similar civilian industry, such as railroad locomotives, and then have time to switch back without a loss of combat capability. You'd just have to keep a small industry around for upgrades and maintenance.

They used to do exactly this. Various agricultural and construction equipment manufacturers operated in such a way that they could shift production to tanks at a moment's notice.
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