Factories Are Reopening, But For How Long? Why Coronavirus Disruptions Will Continue for Stocks
As manufacturers around the country begin to restart operations amid the COVID-19 pandemic, a Ford Co. (NYSE: F) plant has been forced to quickly shut back down and quarantine infected workers. The workers didn't contract the virus at work, and the Chicago assembly plant quickly reopened, but this highlights the challenges facing factories and businesses working to resume operations.
Just last week, Tesla (NASDAQ: TSLA) restarted its Fremont, California factory, against orders from local officials. CEO Elon Musk admitted on Twitter that he was violating Alameda County rules. He Tweeted that he'd be joining assembly line workers personally, saying "if anyone is arrested, I ask that it only be me." County officials eventually agreed that the Tesla facility could ramp up operations. New practices and protocols across American businesses will determine if companies see a smooth reopening, or if investors are along for a bumpy ride.
Source Fool.com
