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 Tesla suspends production at U.S. vehicle factory due to coronavirus

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Tesla suspends production at U.S. vehicle factory due to coronavirus Vide
PostSubject: Tesla suspends production at U.S. vehicle factory due to coronavirus   Tesla suspends production at U.S. vehicle factory due to coronavirus Icon_minitimeThu Mar 19, 2020 11:13 pm
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 solar roof tile factory will also temporarily suspend production, while operations at its Nevada battery plant will continue.
“Despite taking all known health precautions, continued operations in certain locations has caused challenges for our employees, their families and our suppliers,” the company said in a statement.
Tesla’s shares were down 8% in after-hours trading following the announcement.
The decision to suspend production at the Fremont, California, plant comes as Tesla ramps up production of its Model Y sport utility vehicle at the factory. Demand for the Model Y is expected to be higher than for all of Tesla’s other models combined, Chief Executive Elon Musk has said.
Musk on Thursday tweeted that Tesla’s China operations were running “normally across hundreds of suppliers & all of Tesla Shanghai.” The Shanghai factory is key to Tesla’s growth strategy and the company plans to expand car production capacity there.

Tesla suspends production at U.S. vehicle factory due to coronavirus ?m=02&d=20200320&t=2&i=1505637419&r=LYNXMPEG2I284&w=940

https://www.reuters.com/article/us-health-coronavirus-musk/teslas-musk-offers-to-make-ventilators-amid-shortage-in-coronavirus-battle-idUSKBN2160PM
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