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Tesla Exceeds Obligations to State of New York, Saves $41.2 Million

Tesla Exceeds Obligations to State of New York, Saves $41.2 Million


Tesla has fantastic news for New York and particularly Buffalo. You know, I didn't know Tesla had obligations toward the state of New York or toward any state until I didn't came across to a report that Tesla is hiring so many people at its Gigafactory in New York, that it's exceeding its obligations to state.But the story is really interesting and I am telling you know.

Many of you probably haven't heard of the Gigafactory New York because most of the news about Tesla Gigafactories usually comes from Giga Berlin, Giga Shanghai, Giga Texas, Giga Nevada and the Fremont factory, which is not a Gigafactory. But Tesla has an important gigafactory in the State of New York, where it doesn't make cars, but rather photovoltaic cells. The factory is leased by Tesla in Riverbend, Buffalo, New York. The factory, owned by the State of New York, was built on brownfield land remediated from a former steel mill. Now it makes sense that Tesla probably had certain obligations toward the state and its now exceeding them.

What's going on, is Tesla continues to hire employees at Giga New York, exceeding its obligations to the state. At the end of 2022, more than 1,700 employees worked there, instead of the required 1,460.

According to Buffalo News Tesla added more than 100 jobs at its Buffalo factory last year. In a report to the state, the company said the factory had 1,734 full-time employees and 107 part-time employees as of the end of 2022. This far exceeds the 1,460 jobs the state required from the company. If the manufacturer had not fulfilled its obligations, it would have been fined by the state $41.2 million.

This is fantastic news for the people of Buffalo and the state as a whole! Tesla has not only fulfilled its obligations but exceeded expectations in terms of job creation, which is a great sign for the local economy. The addition of over 100 jobs at the factory is a clear indication of the company's commitment to growth and success, and the fact that it has avoided a fine of $41.2 million by meeting the state's requirements is a testament to its responsible business practices. This is a win-win situation for everyone involved, and it's exciting to see the positive impact Tesla is having in the area.

Armen Hareyan is the founder and the Editor in Chief of Torque News. He founded in 2010, which since then has been publishing expert news and analysis about the automotive industry. He can be reached at Torque News Twitter, Facebok, Linkedin and Youtube.