Author: BBC News

Coronavirus: Musk defies orders and reopens Tesla’s California plant

Tesla has reopened its only US electric car plant in California, despite local orders against manufacturing. On Monday, the company’s chief executive Elon Musk tweeted that production had restarted and he would be “on the line with everyone else”. US states and local governments are trying to determine the best way to open up after… Continue reading Coronavirus: Musk defies orders and reopens Tesla’s California plant

Administrators brought in at car parts maker

Administrators have been brought in at a car parts maker as the coronavirus outbreak led to a drop in new cars being bought. Arlington Automotive Group employs about 600 people in sites in Coventry, Newton Aycliffe, Reading, Stourport, Birmingham and Manchester. Its Derby site has already started closing. The company supplies car makers such as… Continue reading Administrators brought in at car parts maker

Elon Musk tweet wipes $14bn off Tesla’s value

Tesla boss Elon Musk wiped $14bn (£11bn) off the carmaker’s value after tweeting its share price was too high. It also knocked $3bn off Mr Musk’s own stake in Tesla as investors promptly bailed out of the company. “Tesla stock price too high imo,” he said in one of several tweets that included a vow… Continue reading Elon Musk tweet wipes $14bn off Tesla’s value

Tesla warns on shutdown as Musk calls for end to lockdown

Demand for Tesla’s electric cars held up in the first three months of the year, despite upheavals caused by the coronavirus pandemic. Quarterly revenues jumped 30% from last year to $5.9bn (£4.7bn), allowing the firm to turn a small profit of $16m. It is the third quarterly profit in a row for the company, marking… Continue reading Tesla warns on shutdown as Musk calls for end to lockdown

Coronavirus: JLR uses its 3D printers to make visors

Jaguar Land Rover (JLR) has started supplying hundreds of protective visors made on its 3D printers to front-line NHS staff. The manufacturer is adapting kit usually used for making new car parts at its Warwickshire site and is currently producing 250 visors a day. JLR said NHS staff were consulted about the designs as the… Continue reading Coronavirus: JLR uses its 3D printers to make visors