Business
Free pizza and a 75-foot statue of Musk: the battle for the next Tesla plant
(Reuters) – Tulsa, Oklahoma, is an oil-industry town with a 75-foot (23 m) statue called “The Golden Driller.”
Austin, Texas, is a progressive city in a conservative state with a thriving software industry and a “Keep Austin Weird” counterculture image.
These two very different towns have one thing in common: They are both on the short list to land a $1.1 billion vehicle assembly plant for Tesla Inc (TSLA.O) – and up to 20,000 new jobs.
With a decision expected within a few weeks, the Austin-versus-Tulsa contest is heating up as Tesla and its chief executive, Elon Musk, stoke a bidding war over tax breaks and other concessions that would reduce the factory’s cost.
Travis County, home to Austin, is expected to vote this week on a portion of ten-year tax rebates totaling more than $65 million. The company told Texas officials the new plant would create at least 5,000 jobs, while Oklahoma officials were told about the creation of at least 7,000 jobs in the near term and up to 20,000 positions down the line.
But some Austin residents have told officials they are skeptical about subsidizing what is now the world’s most valuable auto company, after previously turning away Amazon.com Inc (AMZN.O).
“Instead of focusing to get people a living wage … you’re giving tax breaks to a company that’s worth billions. It makes no sense,” Silvia Zuvieta-Rodriguez, a student at the University of Texas, told officials at a recent county hearing.
Tesla in public filings with Travis County said local and state tax incentives “serve a critical role” in getting the new factory under way and successfully compete against longstanding industry rivals. Tesla did not respond to requests for comment for this story.
In Oklahoma, Tesla fever is on full display.
That Golden Driller statue? It was recently repainted by a local Tesla fan club to look something like Musk, sporting a Tesla logo on its chest and a belt buckle emblazoned with the company’s name.
Musk himself flew in on July 3 to visit the undeveloped site overlooking Tulsa that would house the new factory, which would build Model Y sport utility vehicles and Tesla’s futuristic Cybertruck. Musk met with the state’s governor under a white tent in the sweltering summer heat, according to pictures posted on Twitter by Oklahoma’s governor, Kevin Stitt.
Oklahoma officials were scheduled to make their pitch to dozens of senior Tesla executives in a Zoom call on Monday afternoon.
“The response here continues to be overwhelming,” said Oklahoma Commerce Secretary Sean Kouplen. “In the time that we’re in, having something positive to hold on to or grab is really making a difference.”
Even local retailers have caught the Tesla bug. Kouplen’s children came home the other day with a photo of a special Tesla-themed snow-cone sold by a local store, and a Tulsa pizzeria has promised to give out free pies to all Tesla employees.
Tulsa, once known as the “Oil Capital of the World,” is trying to remake its image with a $1 billion renovation of its downtown, including hip coffeehouses, raft races, jazz clubs and efforts to attract white-collar workers who can work remotely.
A new video featuring testimonials from engineers who recently relocated to Tulsa has been viewed 200,000 times, including by Musk, according to Oklahoma officials.
Several websites attempting to appeal to Tesla have sprung up. One, called “Big F*cking Field,” purports to be in the voice of a plot of land and includes humorously fake endorsements by the likes of Thomas Edison.
“We were the original oil boom town in the ‘20s and it’s a cool way of saying something is changing,” said Jacob Johnson, the creator of the websites and a Tulsa-based digital marketing executive.
In its search for a new plant site, Tesla short-listed eight central U.S. states and received incentive packages from many others, but only Tulsa and Travis County remain in the running. The company told Texas officials its plant would create more than 5,000 mainly low-skilled jobs at an average salary of $47,000.
Oklahoma has signed a nondisclosure agreement about its incentives package, but Kouplen claimed the bid was not only competitive but better in parts than Travis County’s. It includes business and personal tax breaks, most of which were already guaranteed under state law, which meant they would not require the kinds of public votes that have been delayed several times in Austin.
Details on the Travis County tax breaks emerged only during public hearings and it remains unclear whether the state of Texas would provide additional incentives. Governor Greg Abbott’s office did not respond to requests for comment.
Squeezing states for incentives is not new to the auto industry. Tesla itself received some $1.4 billion in incentives to build a battery plant in Nevada in 2014 and Alabama attracted German carmaker Mercedes-Benz (DAIGn.DE) with a $253 million package in the 1990s.
Those outlays now pale compared with the wealth of Musk, who is in reach of a payday potentially worth $1.8 billion as the company’s stock rally continues. Tesla shares have more than quadrupled so far this year as the company increased vehicle sales and is expected to return a second-quarter profit.
Reporting and photo: Reuters
Business
Barcelo Nasandhura Malé to open in Q1 2025
Barcelo Nasandhura Malé, the Maldives’ newest luxury destination, is set to open its doors in Q1 2025.
Located on the site of the former Nasandhura Palace Hotel, the property will become the largest hotel in the capital, Malé. With 136 elegantly designed rooms, including 95 with stunning ocean views, and 116 luxurious serviced apartments, Barcelo Nasandhura Malé promises a unique blend of sophistication, comfort, and convenience in the heart of this vibrant city.
Operated by the renowned Spanish hotel chain Barcelo Group, the hotel represents a significant expansion of the brand’s presence in the Maldives and beyond. Barcelo Group, known for its exceptional resorts, recently opened Barcelo Whale Lagoon Maldives in South Ari Atoll in August 2024, further solidifying its growing portfolio in the region. In addition to its Maldivian properties, Barcelo Group manages a range of high-profile hotels across the UAE, Thailand, and several European countries.
Barcelo Nasandhura Malé will feature an array of premium facilities, including four upscale dining outlets, a rooftop shisha bar, an oceanfront pool, a state-of-the-art gym, and a luxurious spa. The hotel will also boast 1,034 square meters of versatile MICE (Meetings, Incentives, Conferences, and Exhibitions) space, making it an ideal venue for corporate events and gatherings.
While some serviced apartments were initially intended for residential use, they will now be available for daily rental, offering guests enhanced flexibility and a wider range of accommodation options. Originally scheduled to open on December 1, 2024, the opening has been slightly delayed due to minor construction work. However, the team remains committed to ensuring Barcelo Nasandhura Malé is ready to welcome its first guests in Q1 2025.
Barcelo Hotel Group, awarded World’s Leading Hotel Management Company 2023 by the World Travel Awards, is the second-largest hotel chain in Spain and ranks among the 30 largest globally in terms of the number of rooms. Founded in 1931, this family-run organisation operates 280 four- and five-star city and holiday hotels, offering more than 62,000 rooms across 25 countries. The group markets its hotels under four distinct brands, each focused on providing diverse and memorable travel experiences.
Renowned for its commitment to excellence and sustainability, Barcelo Hotel Group delivers exceptional stays, seamlessly blending luxury, comfort, and environmental responsibility.
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Denise Hoefer brings world-class Padel to The Nautilus Maldives
As part of its ‘Masters for Masters’ series, The Nautilus Maldives will host Denise Hoefer, Germany’s No. 1 padel player and one of the world’s top 50 most influential figures in the padel industry, for an exclusive Padel Masterclass from March 22 to 25, 2025. This exceptional event invites guests to enhance their padel skills under the expert guidance of a global champion, all set against the stunning backdrop of the Maldives’ Indian Ocean.
Padel, recognised as the world’s fastest-growing sport, has captured the hearts of 30 million enthusiasts globally, according to the International Padel Federation. This March, The Nautilus will provide a unique opportunity for guests to immerse themselves in this thrilling game during a four-day Padel Masterclass led by Denise Hoefer, Germany’s top-ranked female padel player and captain of the German national team. Participants will refine their techniques on The Nautilus’s state-of-the-art padel court, while experiencing the island’s signature blend of world-class coaching and timeless, unscripted hospitality.
The Padel Masterclass will feature a tailored mix of group and private sessions, catering to players of all levels. Younger participants will have the chance to join the Young Wonderers program, offering specially designed classes that introduce the sport in a fun and engaging way. After an energising day on the court, guests can unwind at Solasta Spa, where exclusive treatments by Maison Caulières—such as Spinal Connection Deep Tissue Healing, Volcanic Stone Therapy, and Warm Poultices—promise ultimate relaxation and rejuvenation. These tranquil spa experiences provide a perfect complement to the day’s dynamic activities, leaving participants refreshed and revitalised.
With just 26 ultra-luxury houses and residences, The Nautilus offers an intimate sanctuary within the Baa Atoll, a UNESCO Biosphere Reserve. Surrounded by powder-soft white sands, vibrant coral reefs, and crystal-clear waters, this private island retreat redefines bespoke hospitality. Every element is meticulously crafted to inspire, offering guests an unparalleled ultra-luxury experience focused on relaxation, renewal, and discovery. Whether honing padel skills or embracing the serenity of island life, The Nautilus stands as the ultimate destination for discerning travellers.
Business
BBM, Lifebuoy empowers hygiene practices among Maldivian children
BBM, in collaboration with Lifebuoy, marked Global Handwashing Day 2024 with engaging activities aimed at instilling the habit of proper hand hygiene among Maldivian school children. Held on November 17th, the event continued the successful “H for Handwashing” campaign, blending education with creativity and fun.
The initiative featured info sessions, exciting games, and creative contests designed to teach children the importance of handwashing while giving them a hands-on understanding of the correct techniques. Activities ranged from reimagined board games like “Germs & Ladders” and “Handwashing Ludo” to interactive sessions that reinforced hygiene habits in an enjoyable way.
This campaign underscores BBM’s commitment to fostering healthier practices among the younger generation, contributing to a healthier and more hygienic Maldives. COO of BBM, A.V.S. Subrahmanyam, emphasised, “At BBM, we believe that empowering the next generation with the knowledge and tools for better hygiene practices is vital for building a resilient and healthy community. We are proud to continue our efforts in collaboration with partners like Lifebuoy.”
Adding to this, Muksith Hussain, Head of Retail Sales at BBM, shared, “Reaching children through such innovative initiatives helps us lay the foundation for a healthier tomorrow. We are thrilled to see the enthusiasm and participation of these young minds in learning the importance of hygiene.”
The event also saw valuable support from the Maldivian Red Crescent (MRC), whose contributions enriched the experience for the children. BBM expressed gratitude for MRC’s involvement, as their efforts played a key role in making the event impactful and memorable.
Through campaigns like this, BBM aims to nurture a lifelong habit of handwashing, creating a brighter and healthier future for the Maldives.
Let’s keep the spirit alive—join the Handwashing Revolution with BBM and Lifebuoy!
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