tesla factories.is bloomberg. ♪ this is bloomberg. ♪ emily: nonessential businesses have been ordered to cease operation and to shelter in place but tesla ceo elon musk has said this does not apply to him. he will be working as per usual. county officials were not happy. i want to bring in our reporter who covers tesla. interesting exchange. interesting to me being in alameda county. the sheriff tweeting yesterday tesla is not an essential business. tesla can maintain minimum basic operations per the alameda county health order. minutes ago we got an update to your story. can they keep your -- their factories open or not? >> interesting story, they are now complying, going to reduce staffing 70%. that is according to a spokesperson. the have been talking with tesla, the conversation, and their understanding is tesla wants to reduce the workforce from 10,000 down to 2500. we don't have any timeframe when that is happening. as reported yesterday, we have seen these emails but have been going on from tes

to be fair to tesla it is , amazing we are even to be fair to tesla, talking about tesla in the sameath as boeing. this legacy, huge industrial name with $80 billion of revenue last year. tesla get $25 billion of revenue last year. it is a crazy concept that investors have been talking about. they have been talking about how tesla has been coming a quote, unqoute real company. they are producing real things and factories. there is a growth story. tesla shares are up 55% year to date. it is expanding its production capacity to 500,000 new vehicles this year. it's increasing its base of industry. already up and running in china, plans for europe next year. perhaps a new factory in the u.s. as well. emily: tesla has been a real company for a long time, let's be honest. there's an irony in that elon musk tweeted last week the coronavirus panic is dumb. meanwhile today, talking about opening new factories in the u.s. ed: on the coronavirus we did not know how it is impacting tesla. on january 30, the cfo said it will delay production in china by 1.5 weeks, but we have not heard much more.

tesla produced 350,000.stors are looking at is the range, look at actually the volumes they are producing. no matter how many billions of dollars these big legacy european makers are putting into ev's, they have yet to build a single viable competitive vehicle. emily: bloomberg's ed ludlow there. coming up, as the coronavirus spreads globally, workers had -- head home en masse. could virtual reality help the remote workforce? that's next. and bloomberg tech is livestreaming on twitter, and be sure to follow our global breaking news network quick take on twitter. this is bloomberg. ♪ ♪ emily: welcome back to the "best of bloomberg: technology." i'm emily chang. magic leap, the start of that -- start up that raised nearly $2 billion to build an augmented reality device, is exploring options, including a sale that could fetch as much as $10 billion. according to people familiar with the matter, the company is strategic options that could include a partnership or selling a significant stake before a potential li

tesla shares are up 55% year to date.is expanding its production capacity to 500,000 new vehicles this year. and it's increasing its base of industry, already up and running in china, plans for europe next year. and perhaps a new factory here in the u.s. as well. emily: tesla has been a real company for a long time, let's be honest. there's an irony in that elon musk tweeted last week the coronavirus panic is dumb. meantime today, tweeting about opening new factories in the united states. ed: on the coronavirus we did not know how it is impacting tesla. on the last call, january 30, the cfo said look, it will delay production in china by 1, 1 and a half weeks, but we have not heard much more. we do not know what the situation is over in the fremont factory over the water from us. elon tweets, he draws attention away perhaps from the company and onto himself. but, you know, they are looking at this new potential factory here in the united states to produce the cyber truck, and even a model y factory they hope will be on th

tesla shares are up 55% year to date.ding its production capacity to 500,000 new vehicles this year. it's increasing its base of industry. already up and running in china, plans for europe next year. perhaps a new factory in the u.s. as well. emily: tesla has been a real company for a long time, let's be honest. in that elonony musk tweeted last week the coronavirus panic is dumb. meanwhile today, talking about opening new factories in the u.s. ed: on the coronavirus we did not know how it is impacting tesla. january 30 the cfo said it will delay production in china by 1.5 weeks, but we have not heard much more. we do not know what the situation is over the three month factory. elon tweets, he draws attention away perhaps from the company and onto himself. but they are looking at this new potential factory here in the united states to produce the yber truck, and even a model factory they hope will be on the east coast, according to another tweet. emily: tesla has not been immune to the volatility. the stock plunged almost

tesla produced 350,000.investors are looking at is the range, look at actually the volumes they are producing. no matter how many billions of dollars these big legacy european makers are putting into ev's, they have yet to build a single viable competitive vehicle. emily: bloomberg's ed ludlow there. coming up, as the coronavirus spreads globally, workers head home en masse. could virtual reality help the remote workforce? that's next. and bloomberg tech is livestreaming on twitter, and be sure to follow our global breaking news network quiktake on twitter. this is bloomberg. ♪ >> welcome to a special edition of daybreak australia. >> it is sunday in the united states. we have seen the federal reserve already jumped into action trying to save the u.s. economy, slashing the key rate by a full percentage point to near zero. also promising to boost bond holdings by at least $700 billion. other and trump coming out minutes ago saying he is very happy about the move. he probably hopes it will boost the situation

tesla production as well as tesla's intention to start as a cturing ventilators coronavirus outbreakontinues to expand across the u.s. and around the world. in bloomberg's ed ludlow who has been tweeting today with elan musk. tell us a little bit about what musk is saying now about ventilator plan. is musk said that tesla working on ventilators. he said we are working on ventilators. up in a separate tweet later on that space-ex is also working on ventilators. taking from his first tweet that he originally meant tesla, and i asked him in a tweet, you know, whether this idea that he based ke ventilateors is on the idea that tesla and pace-x have limited expertise and experience in building air filter products. model x, in the tesla this h epa-filter, high tesla ncy filter that says is 100 times better than an a filter, but it's not ventilator. they worked with nasa to do a system that includes air filters pumps for crew dragon. it will take human beings up the international space station. i asked him, but all we have is elan's word on twitter. evidence from ny tesla or from space-ex d

facility in nevada, those will remain open for the time being also tesla is still delivering vehicles and they're allowing what they call touch list deliveries meeting that they vehicle be dropped off to somebody who bought it the vehicle be left like in a parking lot people can come over get into their cars with the code fill out some paperwork drop that paperwork off and pick up their vehicle without ever actually talking to anyone. but for now in fremont charles clifford kron 4 news. >>still ahead the steps people need to take if they want to be tested for coronavirus and we've got a full list when we face adversity, we find a way through it. it's about taking care of each other. it's the small parts that make a big difference. at chevy, we promise to do ours. we're offering chevy owners complimentary onstar crisis assist services and wifi data. if you need a new chevy, interest-free financing for 84 months - with deferred payments for 120 days on many of our most popular models. you may even shop online and take delivery at home. it's just our way of doing our part... growing list

a tweet this addressing tesla remaining open tesla says its new york factory is also suspending service but other facilities will at least for now remain open. still to come housing, california's homeless population, the actions governor newsome is taking to protect them from coronavirus. >>and special shopping hours for seniors, and vulnerable folks the shoppers metastatic breast cancer is relentless, but i'm relentless too. because every day matters. and having more of them is possible with verzenio, the only one of its kind proven to help you live significantly longer when taken with fulvestrant, regardless of menopausal status. and it's the only one of its kind you can take every day. verzenio + fulvestrant is approved for women with hr+, her2- metastatic breast cancer whose disease has progressed after hormonal treatment. diarrhea is common, may be severe, or cause dehydration or infection. at first sign of diarrhea, call your doctor, start an anti-diarrheal, and drink fluids. before taking verzenio, tell your doctor if you have fever, chills, or other signs of infection. verzenio

live outside a tesla plant here in fremont. we'll head back out to you in oakland. >>> the coronavirus pandemic is stressful for everyone including those in the medical field. doctors, nurses and others in the medical field say they're in close contact with some who have tested positive for the virus. >> we're seeing more and more of the low and moderately sick patients. we're not seeing an alarming surge at this point, but that's what we're preparing for. we have to avoid the huge spike of hundreds of potentially critically ill people coming in all in a very short period of time. >> now, the doctor says medical workers on the front lines of the fight against the coronavirus need personal protective equipment including eye protection, hospital gowns and especially those n95 masks. that will help keep the medical workers healthy and #5e7b8 to work. the general population doesn't need that equipment if they are following the shelter-in-place and social distancing guidelines. >>> several bay area nurses worrying about the lack of

announcing today that tesla is not essential, and has to reduce operations. >>> this is a high profile showdown, let's bring in our business reporter scott budman who spoke with some of the sg from the factory in fremont. what do you hav first the sheriff's department from almeda county told tesla its workers were not essential, and they should stay at home. and elon musk saying hey, if you have so much as a cold, stay at home. but the tesla ceo says he will be showing up to work, and others followed. >> with the parking lot full of cars, tesla's factory was, according to employees humming with activity and that worries someone on the assembly line who spoke to us on coitioof anonymity and we altered his voice. >> i wouldn't be here if it were my honest choice. >> the almeda county sheriff's office told tesla and ceo elon musk earlier in the week that only essential employees should be going to work because of coronavirus concerns. >> they are still producing cars, and we are still advising them that they need to go to basic minimal operations. >> the assembly line worker said, in his

. >> thousands of people still on the job at the tesla factory. why the company argues making cars is an essential business. >> how a nonprofit is helping seniors in need during the shelter in place. >> the forecast for you heading into a warmer period and a little bit of rain on the weekend. we will talk about that when i see you in a bit. shouldn't you pay less when you use less data? now you can. be you more flexible data. you can choose to share data between lines, mix with unlimited, or switch it up at any time. all on the most reliable wireless network. which means you can save money without compromising on coverage. get more flexible data, the most reliable network, and more savings. plus, get $300 off when you buy a new samsung galaxy s20 ultra. that's simple. easy. awesome. call, click or visit a store today. it's only human to find inspiration in nature. and also find answers. our search to transform... ...farm waste into renewable natural gas led chevron to partner with california bioenergy. working to provide an alternative source of p

is tesla considered essential during the bay area's stay-at-home order?rs when you don't have a home? major outreach for the south bay's homeless. the best way to predict the future is to create it and change the world. here at abbvie, we're inventing medicines of the future to create tomorrows that will be healthier... ...and happier, while making medicines that help people right now. because that's the present we wanted to live in. and that's the future we all want to see. abbvie. here. now. ♪ dramatic choir music ♪ dramatic choir music ♪ dramatic choir music it's the rush of relaxation. introducing the all-new lincoln corsair. my money should work as hard as i do. so i use my freedom unlimited card to buy all the latest tech stuff. today, i'm earning on a charger. so, just the charger then? ummm... ♪ ♪ ♪ ♪ yeah! (sarcastically) fantastic. earn 1.5% cash back on everything you buy with freedom unlimited. chase. make more of what's yours. >>> now to the latest oat u.s. response to the coronavirus outbreak. the president also invoked the korean war era de

emily: you have been optimistic about tesla. two tesla that employees tested positive. the company has suspended production in fremont, california. suspended production in new york. some of these facilities might be working on ventilator production. how concerned are you about a disruption in tesla production and what does that mean for the company? >> the ventilator production will take place in new york state. elon musk tweeted about it yesterday and said that he and tesla would do anything that they could do to help new york through this crisis. i think he understands how serious this is. to bare boneswn production. in the sanies francisco area, the new york that we are going to find there are coronavirus cases. in china, what we are seeing from tesla and from the chinese government, the day after lunar new year ended, tesla was producing. the government was helping it by providing masks and other ,rotective equipment sanitizers dorm rooms, so that employees could separate from one another, and catering. i have a feeling we will see upside surprises out of china when

emily: we will see how it will impact tesla over the next few weeks.n the meantime, elon musk has offered to start making ventilators, as folks everywhere are in short supply of essential medical supplies like that. talk to us about that. ed: both of his companies, tesla into space -- and spacex, have some expertise in these kinds of systems. filter,e a super air 100 times more effective than the air filter you would find in a normal car. it is good at removing viruses. and they also claim that you would survive a military raid bio attack if you are inside a tesla, the filter is that good. working on then life-support system for the vessel that will carry staff to the international space station. work onidated their those life-support systems, which include air filtration and air pumping. ventilators are not the same. so the big question is, if you take his tweet seriously, is whether those competencies are transferable to making ventilators. the overall problem is there are not enough ventilators around the world to mechanically pump air into people's

well here in fremont tesla shutdown car production at its factory on tuesday. >>driving past the factory on wednesday looks like indeed the employee parking lot is mostly empty there are a total of about 10,000 people who work at this factory as of right now only a fraction of them are still coming to work in that that that tesla is still loading up trucks with cars for deliveries. there's also still quite a few cars near the front of the factory we could see people walking around on wednesday afternoon a tesla has said that they are going to temporarily suspend production of vehicles here and that they will reduce to basic operations that means folks will be working here but not as many as normal. those folks that are here are going to be doing what they call vehicle in energy service operations also people are still here working on the charging infrastructure that is so important to tesla's electric vehicles now tesla has also said that they will close down their new york factory and but other locations like there. facility in nevada, those will remain open f

maria: you think your company competitor will be tesla?fill priming the closest around the world because the other manufacturers are way too far behind. we are five to seven years ahead of any competition accepted tesla. their semitruck will come out, it will be similar to ours. it will be battery to electric only and we do battery, electric, and hydrogen so batteries get up for 300 miles after that the weight of the additional batteries becomes a problem. that's way can also take hours to charge those trucks. that's why hydrogen is so good over 300 miles. five minutes -- five to 50 minutes to fill it up with hydrogen and you can go another 600 milesburg with battery it would take hours to stop a truck in charge of her tenure in the battery up to me charge it. maria: let me ask you, we look at this market it's come down off the hyperion time but the private market as well as the public market. after we work everybody change. after receiving this week, what is your change on the broader markets putting nikola aside for margaret reese surpri

. >>> confusion over the continued operations at the tesla factory. tonight the sheriff says it's not as simple as it first seems. >>> tonight a northern california woman is stranded in northern africa. >> everything is closed. we're like helpless and without resources. >> why she and her traveling companions feel abandoned by the u.s. government. >>> president trump is asking the industry to make medical supplies if necessary. today they announced the closing of the northern border to nonessential travel. president trumps has also signed off on an emergency bill to provide the free testing as well as paid sick days and family leave for some workers. and those with underlining conditions were the primary group s groups at risks for dying. >> there are concerning reports coming out of france and italy about some young people getting seriously ill and very seriously ill in the icu's. >> experts are warning that the up inner of cases are going to spike as the tests are progressed. >>> trading was halted again to stop another free fall. the dow closed to

tesla becomes the last major u.s. automaker to sthohut down during the covid crisis. >>> fewer riders, now fewer trains. b.a.r.t. lost 90% of its riders because people are staying at home, so starting on monday trains will stop running at 9:00 p.m. instead of midnight. then starting next saturday weekend service will also stop at 9:00 p.m. b.a.r.t. will keep an eye on ridership today to figure out the hours from now on. >>> tonight a certain warning from the u.s. state department. do not travel abroad. five days ago the state department set the travel advisory to a level 3. level 3 asks americans to reconsider travel. today it's at level 4, the most severe warning the department can give. it asked american travelers abroad to return to the u.s. immediately. >>> what's happening in china and italy is playing out here. italy's death toll has now passed china's death toll. that prompted the u.s. and canada to close its border, the world's longest border, to all nonessential traffic. meanwhile supplies of critical protect

. >>> up next, a milestone for tesla.son elon musk is celebrating tonight despite the company's stock taking a hit today. >>> the world famous coachella music festival might be postponed. originally scheduled for april, it could be moved to october. the move comes after officials confirmed three more coronavirus cases in riverside. the festivals is one of the largest in the world. we're back in a moment. just because we're super hungry... ...doesn't mean you got to spend a lot! because denny's brought back the super slam™. with eggs, hash browns, bacon, sausage and pancakes. all for just $6.99. the $6.99 super slam™ is back! see you at denny's! >>> around the world, the impact of the coronavirus is crippling. italy tonight on virtual lockdown. today the nation expanded travel restrictions to the entire country. if traveling, italians must demonstrate a need to be out of the country. the virus has killed nearly 500 people in italy and infected more than 9,000 people. >>> and with thousands of uber and lyft drivers facing p

we're live outside the tesla plant in fremont, jesse gary, ktvu fox 2 news.time is 6:36. a woman from gilroy telling us about the death of her father who died from the coronavirus. gary young died on tuesday after going to the emergency room on march 3rd for a migraine and a cough. but he was sent home. two days later, his doctors sent him back to the emergency room and, within a week, he was admitted to a hospital in gilroy, put on a ventilator and, then, days later, he died. his daughter believe its medical professionals could have done more to help her father and she's warning everybody to take this virus seriously. >> i will say this, i wish they did more. i wish he wouldn't have been sent home because two days could have meant my dad still being here. you sit at home, you watch the news and it feels so far away until it reaches so close to home. >> stacy silva says she's not sure how her father contracted coronavirus and he'd been isolated since earlier this month. her father was 66 years old. stacy silva and her family are under a 14-day home quarantine

we're live this morning in fremont, where tesla factory workers are confused, some have questions, asrk. ♪[ music ] >>> from ktvu fox 2 news, this is "mornings on 2" ♪[ music ]♪ >>> welcome to thursday morning, march 19th. thank you for joining us. i'm dave clark. >> i'm gasia mikaelian. >> sometimes a hike in the hills is perfect. >> you might as well now. what else are you going to do? everything is shut down. we have fog, visions of napa. river fog there in the city of napa. i believe that there's some up around the napa airport as well, american canyon up to santa rosa so a little bit of fog most of the rain ending for now. there could be a little bit hanging around to the south and east. but partly cloudy, mostly cloudy, a little bit of a break there. some shower activity very light. i don't think much will develop. slightly warmer temperatures but still below average. sal is here with the traffic report. >>> in the east bay, the commutes are light. so we are going to go fast and just show you that things are light. sometimes we do have crashes that make things slow down but we h

there is an agreement here between tesla and alameda county.esla wanted to continue to make its cars at its factory in fremont, but the county said it's not an essential business. adding to all of this, a tesla worker on the factory line told us conditions are not safe inside the factory. in fact, several factory workers reached out to us and complained that tesla wasn't taking this whole scenario about coronavirus seriously enough. >> i would not be here if it were my honest choice and i didn't feel forced to use my pto that i've saved up for so long. >> so here's the bottom line. tesla can keep the factory open but only about 2,500 workers can be on site during this shelter in place. there are usually 10,000 employees at the factory. >>> the stock market took another nose dive today. stocks tumbled more than 5%. that wipes out virtually all the gains for the dow jones since president trump's inauguration three years ago. the dow closed down more than 1300 points. under 20,000. also beginning on monday the stock exchange will temporarily close

adam: lots of things to buy, including tesla.se we thought it is overvalued relative to the rest. we have a price target of $500. we are not in the business of telling investors to buy a stock that has a 35% downside. our message to investors is this. if tesla does the things to justify at $650 price target, and no more, no less, it will lead to enormous capital formation up the chain and downstream joint battery companies, silicon semiconductor companies, electric motor manufacturers, charging infrastructure, mining, the entire ecosystem including moving the earth, electrons to get into the car, it will come down for the ride. alix: what about the traditional car company landscape or suppliers? adam: it depends on your upside and your risk tolerance. there are many auto companies trading at 1% or two per -- at one times or two times eva. -- ebita right now. they do have capability to make high-quality vehicles at scale. they can partner with the lg and samsung. alix: the battery guys. adam: they can work with apple and google to

al volver, tesla sorprende con el diseÑo de lo que serÍa patricia: estas imÁgenes parecen sacadas deen presentado esta imagen que estÁ en la cuenta de twitter de tesla, sus seguidores estÁn felices. ♪ >> bienvenidos a "despierta Área de la bahÍa". estos son los titulares. >> cuidado con las estafas de coronavirus para no caer redonditos. >> te decimos que tiendas estÁn limitando los artÍculos referente al coronavirus.

and this is something that tesla and elon musk and his many sister companies, tesla, is doing some ways more than anyone else with his solar city operation, they're pursuing partnership width government to provide electricity. he is now moving into space with star link. there's a lot of endeavors where they're no longer just looking at their prime products and services like cars-but are really changing the way we think pout public infrastructure. for instance, with the boring company, they're producing high speed rail in chicago. and -- >> a branding maybe inch that elon objects to. >> exactly. so, one of the questions is, if we have now private sector companies who are in charge of our public infrastructure, what happened when they decide they don't want to make it available for all. and this is one of the reasons that i talked about in the book about tesla's work in puerto rico. they stepped in at a time when puerto rico needed someone to step in. when the federal government really did not. but they're not under any obligation to stay. they don't have the responsibility the government

en presentado esta imagen que estÁ en la cuenta de twitter de tesla, sus seguidores estÁn felices. >> la idea es ocupar esos dÍas de fecha fifa con entrenamiento con futbolistas. ♪ ♪

he also tweeted congratulations tesla team on making our one tesla team on making our 1 millionth car. >> the chp officers say they were blinded by a laser that responding to across. was on highway 101. they say that the whole patrol car filled up with white temporary blinding them. they spotted a black hatchback up ahead and they called the to a unit on the golden gate bridge, those officers stopped the driver who was speeding. they found this high-powered green laser pen in the car but they say that the man had also reported the laser at cars into other locations. >>> up next, could patriots quarterback the the next movie mogul? >>> tom brady's plans lined up for next year. >> emphasis on field the native six-time super bowl champ opening his own hollywood production company but it is called 199 productions. brady says he's teaming up with the ventures director. it will be a documentary called unseen football. the quarterbacks football career little uncertain with the free agency coming up. >>> we are tracking the forecast. >> it is kind of like i did choose to talk about the light

. >> reporter: tesla wackerrers tell us there's a new protocol in place. they're scanned for fever and given a mask. sanitation stations are not up and these changes represent a small change in the overall regular routine. in the predawn darkness, a sea of tesla employees arriving for work thursday at the fremont plant. the ebb and flow following the same routine as days past despite some workers saying they're getting conflicting guidance in that there's no changes in their normal assignment. >> this entire time, we've been in limbo. we don't know what to do. we thought they would shut down if the isn't shut down and they didn't. >> others are now being given masks and that washing stations are supposed to be install sometime thursday and social distancing and a production slow down is talk and not a reality adding they're left standing side by side with very few places to wash hands. those conditions worry some workers that fear the threat of covid-19 transmission is heightened. >> coworkers that are pregnant, coworkers over 65 and they're fearful. they

. >>> welcome back to mornings on two, tesla is going to temporarily close the factory . tesla kept its factory open considering itself an essential business . 2500 of the 10,000 employees were told to show up to work at several told us they are still working in close quarters. tesla says basic operations will continue to support their vehicle services and charging of batteries . >>> this week many bay area police departments will increase their enforcement of the statewide shelter in place order . >> that includes a crackdown on nonessential businesses despite the new roles. police say concord will be among the law enforcement officers who will meet face-to- face with business owners who refuse to comply . >> they will be giving them a warning that they are required to shut down and make sure that they are fully educated on what the implications could be if they refuse to shutdown . >> the sheriff's office will have deputies making sure every business, except those deemed essential immediately close their doors . >> police and san jose start issuing noncompliant citation

but the tesla factory was open because tesla considered itself an essential business. 2500 of the company's work. several of them told us they were working in tight quarters. tesla says that basic operations will continue to support vehicle service and battery charging infrastructure. >>> the shelter-in-place order is hitting some bay area workers harder than others. one works as a hairdresser in san leandro. she has been taking her children to work this week after the school closed. she says the order creates a stressful new challenge every day. >>> i have to bring them with me to work. [ child crying ] >> i don't know. it's going to be difficult. like now. >> i want to go back to school because you miss so much learning and how you learn how to be better in life. >> she is just one of many bay area service industry employees where working at home is not an option. >>> stanford university has moved to online learning. the president of the university says all campus courses will be online for the spring quarter. this is in response to the coronavirus. the start of the quarter will also be d

vehicles made at the china play it were imported from outside of the country no tesla is planning to add lines at the shanghai facility to make more battery packs electric motors and motor controllers according to those documents the battery cells will still be a source for about side of china with packs being manufactured. on site at that new factory tesla has that in the past they hope to localize their entire supply chain inside of china by the end of 2020 s the stock is up roughly 4 percent on the day after ups and downs monday where the stock opened nearly $100.00 points down. u.s. regulators are clearing the way for a german semiconductor maker in finance to complete a $10000000000.00 takeover of america's cyprus semiconductor last week the committee on foreign investment in the us a subsidiary of the treasury department they advised president trump to block the deal saying that it poses a risk to u.s. national security but cyprus said tuesday they were informed by the committee that there are no unresolved national security concerns with the merger now the deal will still need

manufacturer tesla is still all the rage. to slot the space for test was a bit like a religion for me it's like the sunshine it's a real solution that offers a way out of the dilemma is on top certainly also my love not. all of the electric car owners here are convinced that they're helping the environment. it's great not to pollute we have solar panels at home and our utility supplies energy from renewable so you know my conscience is green. drive an electric car because environmentally friendly economical and that was key. there most by rolling sure and also drives an electric car to help protect the environment he fills up his electric car outside the bakery and his own charging station. for the selected mobility is immensely important for saving the environment because at the moment there's no cheaper more environmentally friendly c o 2 friendly mode of private transport there in the road where nobody is here. for the breakfast club drive as electric cars are the only way to marry personal car ownership with environmental

the priority would go for people who need to be quarantined. >>> they are telling tesla it is not an essential business. it kept running through the first day of the shelter in place. the factory can maintain minimum operations and employs nearly tone thousand workers. there haven't been any reported cases at the plant. musk said they can stay home if they are sick or feel uncomfortable. >>> some nasa employees are now working from home. they said tele working is a must after a limited number of workers tested positive for coronavirus. contractors are also to work remotely. nasa's critical personnel will continue going to work. automakers shutting down and the promised donation to help the healthcare industry. here is diane king hall. >> reporter: wall street bounced back on tuesday. coming off its worth day since 1987, the dow rallied 1048 points. the nasdaq jumped and s&p 500 rose. they are working to soften the blow of the coronavirus outbreak. one possibility, direct payments to americans of $1,000. it comes as layoffs are starting to skyrocket. vice president mike pence is urgin

news here e breaking on tesla and it looks like tesla is talking about temporarily suspending production fremont. big change, others had been doing that and holding firm it was dea that what doing was essential and they are ontinuing to create tesla vehicles. romaine: there had been a lot of criticism among the employees into that g to come plant. tesla says that its liquidity is sufficient. it says its cash position was capital and it capital can navigate through this uncertainty. scarlet: the available credit lines are worth about $3 billion according to tesla. meantime, we also have some other company news to tell you about in the latest business headlines, trying to raise $10 million. it can support portfolio battered amid the pen demonstra -- analysts tests will be delayed until at least december. more than 245,000 people were registered to take the june example. eating out in the u.s. may never after coronavirus. it has created a crisis for the restaurant industry that was down.dy slowing the market has been oversaturated and now it faces a revenue.p in michael says you will see mo