U.S. electric carmaker Tesla plans to slash on-site staff at its Nevada battery plant by around 75% due to the coronavirus pandemic, the local county manager said on Thursday. The move comes after its Japanese battery partner Panasonic said it would scale
Automakers are taking steps to help boost production of key medical equipment necessary to help combat the spread of the coronavirus. General Motors and Tesla are devoting resources to help solve the nation’s shortage of ventilators, which are critically needed
(Reuters) – Tesla Inc on Thursday ended a standoff with local California authorities concerned about the spread of the coronavirus, saying it will suspend production at its San Francisco Bay Area vehicle factory on March 24. The company said its
NEW YORK/BEIJING (Reuters) – Tesla Inc (TSLA.O) cannot continue to operate its main U.S. vehicle plant normally as its San Francisco Bay Area home began a three-week lockdown on Tuesday to slow the spread of coronavirus, a county sheriff’s office
Tesla CEO Elon Musk took to Twitter on Tuesday evening to announce plans to open factories for the company’s all-electric Cybertruck pickup and the Model Y crossover SUV. “Scouting locations for Cybertruck Gigafactory. Will be central USA,” Musk wrote. “Model Y production for
Tesla customers in China are complaining the company delivered new Model 3s with a version of Autopilot hardware that was not as advanced as promised. According to reports in Nikkei, Global Times, and National Business Daily — along with social media posts on Weibo, WeChat
Tesla shares tumbled on Monday amid a broader market sell-off driven by investors’ coronavirus concerns. The COVID-19 epidemic in China could turn into a pandemic, with infections on the rise in Iran, Italy and South Korea. Tesla, which recently began manufacturing operations
Even with a record fourth quarter for its solar energy and storage systems business, Tesla’s energy revenue declined by over $24 million in 2019, after several rounds of layoffs that started the prior year. The company is now under pressure to get
Tesla has temporarily closed its stores in mainland China as of Sunday, Feb. 2, according to an online post from a company sales employee on that date. The move comes as more than half of China has shut down in an effort to control the
Tesla CEO Elon Musk teased his Twitter followers on Wednesday with a poll asking them if they want a Gigafactory built in Texas. With results still rolling in, a majority of respondents indicated “Hell yeah” over “Nope” in Musk’s unexpected