Info
Info

Tesla to suspend production at its Fremont facility

News

Tesla representatives have met with local, state and federal officials.

Info

The EV maker has followed and is continuing to follow all legal directions and safety guidelines with respect to the operations of its facilities, and has honoured the Federal Government's direction to continue operating. Despite taking all known health precautions, continued operations in certain locations has caused challenges for its employees, their families and suppliers.

Tesla has decided to temporarily suspend production at its factory in Fremont, from end of day March 23, which will allow an orderly shutdown. Basic operations will continue in order to support the vehicle and energy service operations and charging infrastructure, as directed by the local, state and federal authorities. The factory in New York will temporarily suspend production as well, except for those parts and supplies necessary for service, infrastructure and critical supply chains. Operations of others facilities will continue, including Nevada and the service and Supercharging network.

In many locations, Tesla is in the process of implementing “touchless deliveries” so customers can continue to take delivery of their vehicle in a seamless and safe way. Due to the unique over-the-air connectivity of its vehicles, customers are able to unlock their new cars at a delivery parking lot via the Tesla App, sign any remaining relevant paperwork that has been placed in their car, and return that paperwork to an on-site drop-off location prior to leaving. This method provides additional convenience and comfort.

Tesla's cash position at the end of Q4 2019 was $6.3 billion before its recent $2.3 billion capital raise. The company believes this level of liquidity is sufficient to successfully navigate an extended period of uncertainty. At the end of Q4 2019, Tesla had available credit lines worth approximately $3 billion including working capital lines for all regions as well as financing for the expansion of its Shanghai factory.


The Latest News, Brought To You By
Tesla to suspend production at its Fremont facility
Modified on Friday 20th March 2020
Find all articles related to:
Tesla to suspend production at its Fremont facility
TaaS Technology Magazine
Info
Class #5 Of Volkswagen’s Incubator Programme: Five Start-ups Make A Virtual Start To The Next Round
LEVC Starts VN5 Trials With Royal Mail
British Gas Makes Largest UK Commercial EV Order With Vauxhall
LEVC Protects And Prepares For Production Restart
EDAG And Hexagon Purus Launch Joint Research Project For A Flexible Hybrid Storage System
ChargeNow, The Charging Service, Renamed To BMW Charging And MINI Charging
Vienna Testing A Hydrogen Bus From Solaris
New Silicon Carbide Power Module For Electric Vehicles
Porsche Leipzig Gets Ready For Electro-mobility
Allego HPC Quality Upgrade Programme Commences
Drive A Fiat 500 Hybrid For Less Than The Cost Of The Daily London Commute
Mercedes-Benz Announces Strategic Partnership And Equity Stake In Battery Cell Manufacturer Farasis
Emden Plant Embarks On New Era Of E-mobility
Markus Duesmann Launches “Artemis” Project
RoboSense LiDAR Partnered With DT Mobile
JLR’s Premium Vehicle Subscription ‘Pivotal’ Goes Live
SEAT To Invest Five Billion Euros In R&D And Electrification By 2025
Groupe Renault Launches Charging Solutions For Companies
Helbiz Continues Global Expansion With Eyes On The UK
Siemens Supports Sustainable Urban Transport With EBus Charging Infrastructure In Nuremberg
World’s First Fuel Cell Heavy-duty Truck
BMW Will Bring New Services And An Update For The BMW Intelligent Personal Assistant In July
SAIC-GM-Wuling Builds Energy Storage Power Station From Retired EV Batteries
Lion Electric And Boivin Evolution Announce Initial Sales Of Lion8 Zero Emission Refuse Trucks
Info
Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the TaaS Magazine, the TaaS Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
{taasPodcastNotification}