Tesla will suspend car production to comply with coronavirus lockdown
Electric vehicles can cut greenhouse gases and carmakers have big plans for them. But so far, few car buyers want them.News Analysis: Foxconn may prove Tesla’s Musk wrong about how hard it is to build electric carsTesla’s solar energy factory in Buffalo, N.Y., will be temporarily shut down as well, the company said.Advertisement
Tesla’s stock price, which had risen 18% to close at $427.64 on Thursday, quickly fell 9% in after-hours trading. Tesla said in its statement that it had followed all legal obligations and “honored the federal government’s direction to continue operating.” Earlier in the week, workers streamed into the factory, which was churning out cars as usual — the Model 3, the Model X, the Model S and the newest Model Y. The parking lot was filled to capacity Tuesday and dozens of shuttles and full-size buses ferried morning workers to the factory and took night-shift workers away. Departing workersMore than a dozen Tesla Fremont factory workers had contacted The Times to complain about Tesla’s management of the pandemic at the plant.
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