Following Tesla’s unveiling of its plans to produce its own batteries in order to trim costs, shares of its two battery suppliers fell on Wednesday. Shares of South Korea’s LG Chem and Japan’s Panasonic have fallen with the news reaching the market. After initially opening higher, LG Chem’s shares was trading down by 3.1% while…
On Friday, Bloomberg reported citing an e-mail from Tesla Inc saying, the U.S. luxury carmaker plans on reopening its sole U.S. car plant in Fremont, California as early as sometime today. The development comes in the wake of California setting rules which allow state manufacturers to re-open the coronavirus lockdown from Friday. Tesla did not…
Tesla has agreed to pay $31,000 in fine and has agreed to buy emergency response equipment worth $55,000 for its Fremont, California factory. As per a statement from the EPA, Tesla Inc will pay a $31,000 fine and will purchase $55,000 in emergency response equipment for a California city under a settlement reached with it…
According to Jalopnik, an auto news website, the latest investigation was prompted by a complaint from one of the automaker’s employees at the plant. Following a complaint, California’s Occupational Safety and Health Administration (Cal-OSHA) stated, it has opened a third investigation into Tesla Inc’s factory in Fremont, California. This latest case was opened on June…
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