• 4 minutes Ten Years of Plunging Solar Prices
  • 7 minutes Hydrogen Capable Natural Gas Turbines
  • 10 minutes World looks on in horror as Trump flails over pandemic despite claims US leads way
  • 13 minutes Large gas belt discovered in China
  • 16 mins COVID 19 May Be Less Deadly Than Flu Study Finds
  • 13 mins Would bashing China solve all the problems of the United States
  • 5 hours 60 mph electric mopeds
  • 1 hour Chicago Threatens To Condemn - Possibly Demolish - Churches Defying Lockdown
  • 5 hours China to Impose Dictatorship on Hong Kong
  • 24 mins Let’s Try This....
  • 33 mins Yale University Epidemiologist Publishes Paper on Major Benefits of Hydroxchloroquine for High-risk Outpatients. Quacksalvers like Fauci should put lives ahead of Politics
  • 36 mins HVDC Cheaper Than Low-carbon Natural Gas
  • 5 hours Nothing can shake AMLO’s fossil-fuel fixation
  • 11 hours Pompeo's Hong Kong
  • 38 mins Oil and Gas After COVID-19
  • 6 hours Iran's first oil tanker has arrived near Venezuela
  • 6 hours Natural gas is crushing wind and solar power
  • 7 hours New Aussie "big batteries"
Oil Is Unlikely To Go Much Higher

Oil Is Unlikely To Go Much Higher

Oil prices have climbed throughout…

Elon Musk Threatens To Pull Tesla Out Of California

Tesla will move its headquarters to Texas or Nevada, chief executive Elon Musk said in a tweet on Saturday after the Alameda County Health Department told the carmaker that it could not reopen yet as the lockdown measures continue longer than expected.

“Tesla is filing a lawsuit against Alameda County immediately. The unelected & ignorant “Interim Health Officer” of Alameda is acting contrary to the Governor, the President, our Constitutional freedoms & just plain common sense!” Musk tweeted on Saturday. This was the same day that Tesla said in a blog post that it would reopen the Fremont factory in accordance with strict rules for safety.

“Frankly, this is the final straw,” Musk continued on Twitter. “Tesla will now move its HQ and future programs to Texas/Nevada immediately. If we even retain Fremont manufacturing activity at all, it will be dependent on how Tesla is treated in the future. Tesla is the last carmaker left in CA.”

Reuters reports that Alameda County is under lockdown until the end of May, allowing only essential businesses to reopen. According to the county authorities, Tesla was not an essential business, which may well have riled the company’s CEO further, after vocal criticism of the lockdown measures in general.

Tesla, according to its website, is the last major car manufacturer in California and the largest manufacturing employer in the state, with 10,000 workers at the Fremont factory and another 10,000 across the state.

The company had scheduled shifts for its Fremont workers for this week, CNBC reported, citing internal documents, and later argued that its activity did fall in the category of essential businesses. The mayor of Fremont seems to share the sentiment expressed by Tesla after she urged county authorities to work with local companies to agree on “acceptable guidelines for reopening.”

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment
  • Maxander on May 11 2020 said:
    Elon Musk forgetting that the California state along with land for plant & employees, it has given very high valuation for Tesla stock.
    If he moves out of this state, his stock price wont be worth even $20-30 per share.

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News