#Prooduction
Ford Eyes Furloughs As Coronavirus Shows No Signs of Early Exit
It would be great if pandemics arrived with clear time frames in tow. Alas, this is not the way nature works. And for companies dependent on workers, um, working, the unpredictability of a viral outbreak means every cost-saving measure is on the table.
At Ford, which has already announced a hiring freeze and executive pay cuts, existing efforts might not be enough to stabilize its balance sheet.
Tesla Marks Milestone As Threats Gather
Some 12 years and one month ago, Tesla CEO Elon Musk delivered the firm’s first electric vehicle… to himself. Fast-forward to today, and electric vehicle are sprouting from automakers the world over — including the “legacy” automakers Teslaphiles so often deride as out of touch.
On Monday, the company that opened the floodgates for EV proliferation marked a production milestone once thought of as inconceivable: its millionth car.
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