Elon Musk Indicates California Plant Will Remain Open

Tesla's (NASDAQ: TSLA) Elon Musk is not shutting down. The CEO of the electric automaker has indicated the plant will remain open at a time where most "non-essential" businesses have halted production or dramatically scaled back operations in the wake of COVID-19.

The Fremont, California production plant, Tesla's only auto production facility in the U.S., is located in the middle of the shutdown zone in Alameda County, California.

Tesla has shown some indications of business as usual. The plant has just begun production of the Model Y crossover. Also, according to the Los Angeles Times, a spokesperson for Alameda County stated that they deemed the plant an "essential" business. This would allow the plant to keep operating despite a general shutdown where local residents are generally following government orders to stay at home.

Source Fool.com