• Tesla lays out reopening plans amid California coronavirus spat

    Tesla lays out reopening plans amid California coronavirus spat

    Tesla laid out a plan for reopening factories — amid the coronavirus crisis and a spat with California officials who shut down its plant there. The 38-page “Return to Work Playbook” Tesla published Saturday calls for a wide range of precautions to keep plants clean and prevent the virus from spreading among workers. It came …
  • Tesla wants to restart production at California plant on Friday

    Tesla wants to restart production at California plant on Friday

    Tesla reportedly plans to restart its California plant as soon as Friday as the state lifts coronavirus restrictions for manufacturers. The electric-car maker wants to resume production at the Bay Area factory on Friday afternoon, CEO Elon Musk told employees in a Thursday email reported by Bloomberg News. Tesla shut down assembly lines there in …
  • US factory orders hit a record low in March

    US factory orders hit a record low in March

    New orders for US-made goods suffered a record decline in March and could sink further as disruptions from the novel coronavirus fracture supply chains and depress exports. The report from the Commerce Department on Monday was the latest in a series of increasingly bleak economic data. It also bolstered analysts’ views that the economy would …
  • US factories suffer largest drop in output since end of World War II

    US factories suffer largest drop in output since end of World War II

    US manufacturing output dropped by the most in just over 74 years in March as the novel coronavirus pandemic fractured supply chains, suggesting business investment contracted further in the first quarter. The Federal Reserve said on Wednesday manufacturing production plummeted 6.3 percent last month, the biggest decrease since February 1946. Data for February was revised …
  • Nissan, Honda to furlough US workers as demand for cars sputters

    Nissan, Honda to furlough US workers as demand for cars sputters

    Nissan and Honda on Tuesday said they had furloughed thousands of workers at their US operations as the coronavirus pandemic slashes demand for cars in the country. A spokesman for Honda, which employs about 18,400 workers at plants in Alabama, Indiana and Ohio, said the Japanese automaker would guarantee salaries through Sunday, having suspended operations …
  • US manufacturing slows, with new orders grinding to 11-year low

    US manufacturing slows, with new orders grinding to 11-year low

    US manufacturing activity contracted less than expected in March, but disruptions caused by the coronavirus pandemic pushed new orders received by factories to an 11-year low, reinforcing economists’ views that the economy was in recession. The Institute for Supply Management said on Wednesday its index of national factory activity fell to a reading of 49.1 …
  • China jumps on path to recovery as factories reopen

    China jumps on path to recovery as factories reopen

    China’s manufacturing rebounded in March as authorities relaxed anti-disease controls and allowed factories to reopen, an official survey showed Tuesday, but an industry group warned the economy has yet to fully recover. The ruling Communist Party is trying to revive the world’s second-largest economy after declaring victory over the coronavirus even as the US and …
  • Tesla cuts staff at Gigafactory in Nevada because of coronavirus

    Tesla cuts staff at Gigafactory in Nevada because of coronavirus

    Tesla is slashing the number of workers at its Nevada Gigafactory by about 75 percent as the coronavirus pandemic roils the company’s manufacturing operations, local officials say. The electric-car maker told officials in the surrounding Storey County that it would cut its on-site staff at the Reno-area factory “in the coming days,” county manager Austin …