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Amid lockdown dispute, Musk says he will move Tesla out of California

Amid lockdown dispute, Musk says he will move Tesla out of California

Postby smix » Sat May 09, 2020 9:59 pm

Amid lockdown dispute, Musk says he will move Tesla out of California
Reuters

URL: https://www.reuters.com/article/us-heal ... SKBN22L0S5
Category: Business
Published: May 9, 2020

Description: (Reuters) - Tesla Inc’s chief executive Elon Musk tweeted on Saturday that Tesla will move its headquarters and future programs to Texas or Nevada from California immediately. “If we even retain Fremont manufacturing activity at all, it will be dependen (sp) on how Tesla is treated in the future,” he wrote on Twitter, referring to the facility in the San Francisco Bay area that is Tesla’s only U.S. vehicle factory. Musk also tweeted about suing Alameda County, California, after its health department said the electric carmaker must not reopen the Fremont factory as local lockdown measures to curb the spread of the coronavirus remain in effect. Alameda County said on Saturday that it has been working with Tesla to develop a safety plan that “allows for reopening while protecting the health and well-being of the thousands of employees” that work at the factory and that it looks forward to coming to an agreement on a safety plan very soon. Musk had told employees on Thursday that limited production would restart at Fremont on Friday afternoon. Tesla builds more than 415,000 cars per year at the Fremont plant and moving the entire production facility would be a massive undertaking. Dan Ives, a Wedbush analyst, on Saturday estimated it could take the company 12 to 18 months to relocate production. The threat to relocate the facility also comes as Tesla aims to ramp up production at Fremont of its Model Y sport utility vehicle, the carmaker’s most profitable vehicle to date. California Governor Gavin Newsom had said on Thursday that manufacturers in the state would be allowed to reopen. But Alameda County, where the Fremont factory is located, is scheduled to remain shut until the end of May with only essential businesses allowed to reopen. A county official said on Friday that its health department has had many discussions with the company and recommended that Tesla wait at least another week to monitor infection rates and discuss safe ways to resume production. Musk, who sparred with California officials in March over whether Tesla had to halt production at Fremont, has criticized the lockdown and stay-at-home orders, calling them a “serious risk” to U.S. business and “unconstitutional.” Tesla shares have risen 127% since March 18, their recent closing low, including a 16.8% gain in the last trading week to close at $819.42 on Friday.
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Elon Musk stirs the pot with cryptic 'red pill' tweet

Postby smix » Mon May 18, 2020 7:29 am

Elon Musk stirs the pot with cryptic 'red pill' tweet
Fox News

URL: https://www.foxnews.com/tech/elon-musk- ... pill-tweet
Category: Politics
Published: May 17, 2020

Description: Tech billionaire Elon Musk, who has emerged as a champion of defying stay-at-home orders intended to stop the coronavirus from spreading, stirred the pot with a cryptic tweet Sunday. "Take the red pill," the Tesla CEO wrote to his 34 million followers. Some followers saw it as a sign that Musk was pushing for the conservative cause. Adviser to the president and first daughter Ivanka Trump later retweeted it, adding the word: “Taken!” "Take the red pill" is a line from the popular 1999 movie “The Matrix” about seeking the unvarnished truth: "You take the blue pill, the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill, you stay in Wonderland and I show you how deep the rabbit-hole goes." More recently, it's been slang for people abandoning the ways of liberalism for the values of conservatism. People of all ages and ethnicities posted online videos describing "red pill moments" — personal awakenings that have caused them to reject leftist narratives imbibed since childhood from friends, teachers, and the news and entertainment media. Musk has been vocally critical of government shutdown policies during the global pandemic recently, reopening Tesla's California plant in defiance of local restrictions there last week. Tesla's factory reopened Monday with Musk practically daring local law enforcement to arrest him. The plant apparently continued operations on Tuesday. Officials backed off Wednesday and announced that the move would be okay, as long as the company followed previously agreed-upon worker safety precautions. Tesla had a plan to maintain worker safety, including wearing gloves and masks, installing barriers between workers and maintaining social distancing, executives said. The company also reportedly agreed to check workers' temperatures before they entered the facility. Tesla's workers have not had a union. Musk, whose company had sued Alameda County to try overturning the order, also threatened to move Tesla’s facility out of the state. The plant in Fremont, a city of more than 230,000 people southeast of San Francisco, had been closed since March 23. It has employed about 10,000 workers. Many public health experts have credited the stay-at-home orders with slowing the spread of novel coronavirus, helping hospitals handle the influx of cases. Alameda County was among six San Francisco Bay Area counties that were the first in the nation to impose stay-at-home orders in mid-March.
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