Posts Tagged megadeals
Right now, three tech companies—#1 and #2 microchip makers Intel and Samsung and electric-truck start-up Rivian—are staging secret subsidy auctions, playing states against each other for new facilities.
We spent this summer collecting data for the latest Subsidy Tracker update, which now is posted online and available to users. This update consists mostly of local data; however, we also added state data and four megadeals.
In the week and a half since Jerry Hirsch of the Los Angeles Times’ broke a story on billionaire entrepreneur Elon Musk’s use of subsidies as key to his business’ plans, the story has gone viral.