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re: GM is spending $2 billion on a factory to make electric vehicles - not in Louisiana

Posted on 10/20/20 at 4:26 pm to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37846 posts
Posted on 10/20/20 at 4:26 pm to
quote:

Shreveport had one.

Elio Motors conned Shreveport.

Shreveport then got fricked by Elio


That was the old GM plant in Shreveport.

To the OP... it's because the 2 billion price tag would have risen to 2.5 billion with 500 million of bribes needed to get all the approvals.
Posted by Trout Bandit
Baton Rouge, LA
Member since Dec 2012
13713 posts
Posted on 10/20/20 at 4:29 pm to
That's why Sasol cost $12.9 Billion and was 50% overbudget.
Posted by Hangit
The Green Swamp
Member since Aug 2014
40402 posts
Posted on 10/20/20 at 4:47 pm to
quote:

Elio Motors conned Shreveport.



They said they needed a half billion dollars to get rolling. Did they give all of those deposits back?
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