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Elon Musk says he might be interested in buying some GM plants



Elon Musk says there is a possibility that Tesla would be interested in buying some plants that General Motors recently announced it plans to close.

Musk said in an interview with CBS 60 minutes which is expected on Sunday.

On November 26, General Motors announced the plan to close five North American plants, including one in Ontario, next year, as part of a broader restructuring effort.

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Closing the plant in Oshawa, Ont., Should give 2 500 people out of work.

In a CBS video published on Friday before a conversation interview, he had to ask if he wanted to buy some GM plants.

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"It is likely that we would be interested in whether (they) were going to sell the plant or not to use it to take it," Musk said.

Musk also said in an interview with Lesley Stahl that he welcomes the automaker's competitive plan to increase investment in electric vehicle technology.

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"The whole point of Tesla is to speed up the arrival of electric vehicles and sustainable transport," he said. "We are trying to help the environment, we think it is the most serious problem of human faces."

Musk resigned Chairman Tesla earlier this autumn as part of a settlement deal with the US Securities and Exchange Commission. The US Agency has filed a lawsuit stating that in August Musk had to cheat investors with false data on Twitter about securing funding to secure Tesla's privacy.

He remains the CEO of the company.

– Files from the Associated Press

© 2018 Global News, division of Corus Entertainment Inc.


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