Category: fremont
Tesla to cut salaries, furlough workers as COVID-19 shutdowns extended to May 4
Tesla is suspending production at its U.S. factories until May 4 due to the COVID-19 pandemic, prompting the company to cut pay for salaried employees between 10% and 30% and furlough workers, according to an internal email sent Tuesday night and viewed by TechCrunch. Pay cuts for salaried employees —…
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Tesla to reduce on-site staff at Nevada gigafactory by 75%
Tesla is reducing number of on-site workers at its Nevada gigafactory by 75% in response to the growing spread of COVID-19, according to an update from Storey County, where the massive plant is located. The information, which was first reported by Bloomberg, was part of a larger update on the…
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Tesla email reveals two employees have tested positive for COVID-19
Two Tesla employees, who had been working at home for nearly two weeks, have tested positive for COVID-19, according to an internal email sent Thursday morning by the company’s head of environmental, health, and safety department and viewed by TechCrunch . The employees were not symptomatic in the office, and…
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Tesla CEO Elon Musk: New York gigafactory will reopen for ventilator production
Tesla CEO Elon Musk said Wednesday that the company’s factory in Buffalo, New York will open “as soon as humanly possible” to produce ventilators that are in short supply due to the spread of the COVID-19 pandemic. His comments, which were made Wednesday via Twitter, follows previous statements by the…
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Tesla to temporarily shut down Fremont factory
Tesla will suspend production at its Fremont, Calif., factory beginning March 23, days after a shelter in-place order went into effect in Alameda County due to the COVID-19 pandemic and sparked a public tussle between the automaker and local officials over what was consider an “essential” business. Some basic operations…
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Stocks rise after mixed day, with tech leading and SaaS outperforming
The wild ride that has been U.S. stock market over the past couple of weeks may be settling down — at least for the moment — from the whiplash-like swings that helped set global markets on edge. The new economic normal that the pandemic has brought to countries across the world…
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