Tag: gigafactory
Tesla’s next Gigafactory is being built in Austin, Texas
Both Tesla and its CEO, Elon Musk, had plenty to crow about during Wednesday’s Q2 2020 earnings call.The company has reported its fourth straight quarter of profitability with a GAAP net income of $104 million, which qualifies it to be listed on the… Source
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Tesla scouts head to Tulsa, Austin as hunt for Cybertruck gigafactory location nears end
Tesla officials visited two sites in Tulsa, Oklahoma this week to search for a location for its future and fifth gigafactory, according to a source familiar with the situation. Company representatives also visited Austin recently for a potential site for a factory that will produce its all-electric Cybertruck and Model…
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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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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 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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