Ann: US$52M Term Sheet Signed for New York Battery Plant, page-169

Unless you have seen is proper business plan it is quite optimistic to predict a cash making business. As well, buying some hard ware which no one else in the market were interested at might be a great deal or a devil in a box? Have a look at MNS presentation showing the development of NY. Either poor selection of picture or just showing status today. Looks like all unwrapped and far from operating.

Buying a production line is one thing but it is never just a plug and play thing. You need to obtain licenses for IT, training people, adjusting processes and so on. Tesla is still struggling to get is right.