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Let's say that in the midst of current political climate in the US, if the new administration does succeed in bring back manufacturing jobs (questionable) to th
by CodeSheikh 10y ago
Let's say that in the midst of current political climate in the US, if the new administration does succeed in bring back manufacturing jobs (questionable) to the US and take credit for this new momentum, we all should take a step back and give Tesla's Gigafactory its due credit for pioneering this momentum.
- adventured 10y agoI disagree. Toyota and other foreign manufacturers deserve drastically more credit. They pioneered on-shoring for US manufacturing, as a practical solution to several big problems, decades prior. A US manufacturing renaissance has regularly been touted in the business press for a decade, since it became apparent natural gas was about to become extremely plentiful and cheap. If the Trump Administration succeeds in lowering the corporate income tax rate to ~15%, they'll prompt an accelerated manufacturing expansion in terms of output; an increase in manufacturing jobs will be very subdued but will also likely come with it (it'll be a drop in the bucket compared to job creation spurred eg by the natural gas & oil boom, or renewable energy). Tesla gets the award for among the best PR when it comes to US manufacturing.