Mar 19, 2020 - Economy & Business

Tesla will finally halt California production amid pandemic

Photo: David Butow/Corbis via Getty Images

Telsa announced that it will suspend production at its chief U.S. plant, located in the Bay Area, on March 23 amid the coronavirus pandemic — a week after local authorities ordered all nonessential businesses to shut down.

The big picture: Tesla has been among a small number of businesses resisting a full shutdown of operations to curb the potential spread of the virus among workers. Local law enforcement has been in discussion with the company after it told employees to keep coming to work.

  • "Basic operations" that fall under the shutdown order's carveout for essential business will continue "to support our vehicle and energy service operations and charging infrastructure," Tesla added.

Go deeper: Automakers to close all plants over coronavirus fears

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Automakers to close all plants over coronavirus fears

GM plant in Lansing, Michigan. Photo: Bill Pugliano/Getty Images

General Motors, Ford and Fiat Chrysler have agreed to close all of their North American factories through at least March 30 to allow the companies to thoroughly clean and sanitize their plants, after which plans to reopen will be evaluated "week-to-week."

The big picture: The decision will affect 150,000 hourly Big Three workers — with repercussions throughout their extensive supply chains. Honda earlier Wednesday announced similar action at its U.S. plants, which will affect 27,600 workers.

Go deeperArrowUpdated Mar 18, 2020 - Economy & Business

Yelp to give $25 million to help local businesses survive the coronavirus slowdown

Photo: Jeremy Hogan / Echoes Wire/Barcroft Media via Getty Images

Yelp announced Friday a program that will provide $25 million, primarily in the form of free advertising, to small businesses that make it through the coronavirus pandemic.

Why it matters: Small businesses have been hit especially hard amid the near shutdown of public life — but so, most likely, have companies like Yelp that depend on such businesses.

Tech giants promise to pay hourly workers while employees telecommute

Photo: Microsoft

Microsoft, Google, Facebook and Twitter all told Axios on Thursday night that they plan to pay their hourly workers regular wages even as they encourage many of their staff to work from home, reducing their on-site support staffing needs.

Why it matters: While many tech employees can do their jobs remotely, large companies also have support staff that do everything from cooking their meals to driving shuttles and cleaning the office. Those workers can't do their jobs remotely, and it was not initially clear how the coronavirus response would affect them.

Go deeperArrowMar 6, 2020 - Health