Fisker Ocean Forum banner
1 - 10 of 10 Posts

Registered
Joined
337 Posts
A USA Magna factory would be an awesome sign. And a way for amercians to get tax credits again. It would actually prove that the democrat's bill is working as designed - bringing jobs to the USA. Would fisker have to pay for the new factory though? That would mean selling more stock and diluting current stock values. At least in the short term.
 

Registered
Joined
14 Posts
A USA Magna factory would be an awesome sign. And a way for amercians to get tax credits again. It would actually prove that the democrat's bill is working as designed - bringing jobs to the USA. Would fisker have to pay for the new factory though? That would mean selling more stock and diluting current stock values. At least in the short term.
I thought I read somewhere that Magna operating in North America was already in the works, so I don鈥檛 think Fisker would have to pay for it.
 

Registered
2018 Tesla Model 3 LR RWD
Joined
1,258 Posts
Magna is a Canadian company so they already "operate" in NA. Now, whether they manufacture here is another question. It would make sense to expand their contract manufacturing to the US.
The have lots of factories in Canada, US, and Mexico but not a vehicle assembly plant (currently only in Austria and China). They have talked about it off and on for years. They just completed a new battery assembly facility in Michigan for GM.
 
  • Like
Reactions: Maliblu

Registered
Joined
123 Posts
The have lots of factories in Canada, US, and Mexico but not a vehicle assembly plant (currently only in Austria and China). They have talked about it off and on for years. They just completed a new battery assembly facility in Michigan for GM.
This is very true. just did a quick site search. Global Reach | North America

over 25k US employees.
 
1 - 10 of 10 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Top