A Mississippi official investigating the activities of an electric car company created by Virginia Gov. Terry McAuliffe has found that the company did not come close to creating the 350 jobs it promised and had shrunk to about 10 employees as of early 2017.
In a report released Wednesday, the office of Mississippi State Auditor Stacey Pickering said GreenTech Automotivehad at one point generated 143 jobs, but the number stood at 94 new, full-time jobs at the end of 2014, the designated point to measure whether the company was living up to the terms of a $3 million economic development loan from the state. Because the company submitted data with “numerous errors,” the auditor’s report says, the state was unable to determine whether the jobs paid the required average of $35,000 per year.
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