Home
Don't have an account? Create one now! It's always free!


Forgot Password
Ed's Auto Parts - Mention MOTORGEN for a Discount!
Motorgen Sponsor: McLeod Racing
Motorgen Sponsor: American Muscle - Add style and performance to your Stang
Motorgen Sponsor: Hall Fabrication & Racing
Motorgen Sponsor: Injectors Plus - Performance Fuel Delivery Systems
Reply
 
Thread Tools
Old 07-28-2020, 12:09 PM   #1
RSS ReaderRSS Reader is offline
Senior Member
 
Join Date: Feb 2009
Posts: 92,223
Default Tesla says it took government payroll benefits, which offset coronavirus shutdowns

Filed under: Earnings/Financials,Green
The company, whose Chief Executive Officer Elon Musk has spoken against further government aid as Congress debates another round of stimulus, said that along with cost cuts, the benefits had offset almost all of its costs due to the idling of factories in this year's lockdowns. Tesla's only U.S. vehicle factory — in California, where most of its cars are produced — was shut down for some six weeks in the second quarter ended June after an initial standoff with local authorities. Reuters could Continue reading Tesla says it took government payroll benefits, which offset coronavirus shutdowns
Tesla says it took government payroll benefits, which offset coronavirus shutdowns originally appeared on Autoblog on Tue, 28 Jul 2020 10:03:00 EDT. Please see our terms for use of feeds.


Permalink | Email this | Comments

More...
  Reply With Quote
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -7. The time now is 04:41 PM.