Elon Musk closes Tesla plant in California ... eventually - News Summed Up

Elon Musk closes Tesla plant in California ... eventually


“In the past few days, we have met with local, state and federal officials,” Tesla said in a statement Thursday. Tesla also said that it had continued operating out of its Fremont factory at the “federal government’s direction”. “I will personally be at work, but that’s just me,” Mr Musk wrote. The company, and its investors, are banking on the Model Y, a sport utility vehicle, to help make Tesla consistently profitable. Yet Mr Musk also said, on Twitter, that Tesla and his other company, SpaceX, could produce ventilators if hospitals had shortages, something GM and Ford are also discussing.


Source: The Irish Times March 20, 2020 16:18 UTC



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