Billionaire CEO Elon Musk said on Saturday that Tesla would immediately move its operations out of California and file a lawsuit against Alameda County, a day after it forbade the company from reopening its factory yet. Frankly, this is the final straw, Mus…
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Month: May 2020
Tesla Secures 4B Yuan Loan For Shanghai Giga Expansion
Tesla (TSLA) has now secured a 4 billion yuan ($565M) lending line for continued expansion of production at the Gigafactory Shanghai, a filing has revealed. Tesla Shanghai Co, a subsidiary of the electric-vehicle maker, entered into a Working Capital Loan Co…
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Tesla’s Elon Musk Takes Legal Action to Fight Reopening of California Car Plant
Tesla Inc.s (TSLA) CEO billionaire Elon Musk said he filed a lawsuit against Almeda County claiming its coronavirus-related orders prevent the electric vehicle maker from resuming operations at its main plant in California. Tesla is filing a lawsuit against …
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Coronavirus: Elon Musk vows to move Tesla factory in lockdown row
Elon Musk, the billionaire owner of electric car company Tesla, is embroiled in a row over reopening its California-based factory Billionaire Tesla boss Elon Musk has said he will move the electric carmaker’s headquarters out of California, after he was orde…
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Musk threatens to exit California over virus restrictions
Tesla CEO Elon Musk threatened Saturday to pull the companys factory and headquarters out of California in an escalating spat with local officials who have stopped the company from reopening its electric vehicle factory. On Twitter, Musk also threatened to s…
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