Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From May 12, 2020

Tesla’s Musk Says Offer From Texas to Move ‘Much Appreciated’

(Bloomberg) -- Tesla CEO Elon Musk said on Twitter that he “much appreciated” an offer from a Texas county to immediately accommodate Tesla if it chose to move from California.

The letter, written by Hidalgo County Judge Richard F. Cortez, said the county had a labor force that quickly could be trained to begin manufacturing for Tesla. He noted the county no longer had a shelter-in-place mandate. Musk tweeted his reply to the letter on Monday.

Musk has spoken out against California's shelter-in-place orders and sued a county over its refusal to allow Tesla's assembly plant in Fremont, Calif., to reopen. He threatened to move Tesla's headquarters out of the state and said all of its manufacturing could leave California.

U.S. Treasury Secretary Steven Mnuchin said on CNBC on Monday that the state should prioritize doing “whatever they need to do” to get Tesla facilities back opened

©2020 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search