Tag: Nevada
Impossible Foods rolls out to nearly 1,000 new grocery stores and supermarkets
Starting tomorrow 777 supermarkets in California, Illinois, Indiana, and Iowa, and Nevada will begin stocking the Impossible Foods plant-based meat substitute. Fueling the increased distribution and a push to expand its product suite and geographic footprint domestically and internationally is a $500 million round of funding the company closed in…
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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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With the real estate industry facing headwinds, SoftBank-backed Compass lays off 15% of staff
Compass, the real estate brokerage startup backed by roughly $1.6 billion in venture funding, has laid off 15% of its staff as a result of the shifting economic fortunes created by the global response to the novel coronavirus pandemic, according to an internal email seen by TechCrunch. Citing economic fallout…
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Tesla partner Panasonic is shutting down its operations at Nevada gigafactory
Panasonic is pulling its 3,500 employees from the massive Nevada factory it operates with partner Tesla over concerns about the spread of COVID-19. The company said Friday it will ramp down operations early next week and then close for 14 days. The move only affects Panasonic employees. Tesla also employs…
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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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