Value is 94.8 million (land/building/equipment) instead of 1.2 billion.
Network has struggled since Kaloyeros resigned? Everything was falling apart before he resigned; it just takes time for everyone to figure out that "smoke and mirrors" is not reality.
Ref:
https://www.wsj.com/articles/new-york-state-writes-down-value-of-tesla-plant-in-buffalo-11573159578