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California officials reject subsidies for Musk's SpaceX over Tesla spat

California officials reject subsidies for Musk's SpaceX over Tesla spat

By (Reuters) - A California state panel on Friday rejected a request from Elon Musk’s SpaceX for $655,500 in state job and training funds, citing the chief executive’s recent threats to move Tesla, the electric carmaker that he also runs, out of the state.The snub comes as Musk has sparred with officials in Alameda County over his plans to resume production at the Tesla plant there, which was stopped because of the coronavirus.Five members of California’s Employment Training Panel voted to reject the proposal and two voted for it, with one member absent, after discussing Musk’s tweets on...

May 16, 2020
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California officials reject subsidies for Musk's SpaceX over Tesla spat

California officials reject subsidies for Musk's SpaceX over Tesla spat

By (Reuters) - A California state panel on Friday rejected a request from Elon Musk’s SpaceX for $655,500 in state job and training funds, citing the chief executive’s recent threats to move Tesla, the electric carmaker that he also runs, out of the state.The snub comes as Musk has sparred with officials in Alameda County over his plans to resume production at the Tesla plant there, which was stopped because of the coronavirus.Five members of California’s Employment Training Panel voted to reject the proposal and two voted for it, with one member absent, after discussing Musk’s tweets on...

May 16, 2020
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reuters.com

reuters.com

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