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Tesla said it received US government subsidies to offset the cost of closing the California factory

Netease Technology News on July 29, according to foreign media reports, American electric car manufacturer Tesla stated in a document submitted on Tuesday local time that the company received subsidies related to employee wages from the government in the first half of this year. Help reduce the impact of the epidemic on business.


Tesla CEO Elon Musk has said that as Congress discusses a new round of stimulus plans, the company opposes further government assistance. Tesla said that in addition to cutting costs, these aids have offset almost all the costs incurred due to plant shutdowns this year.

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Tesla's only car assembly plant in the United States is located in California, and most of the company's electric cars are currently produced in California. After an initial confrontation with the local government, Tesla's California plant was closed for approximately six weeks in the second quarter of this year.


It is not yet possible to determine which state Tesla received government assistance.


Tesla and its subsidiary SolarCity did not appear on the US Small Business Administration's list. The US Small Business Administration has issued exempt loans to millions of companies to prevent large-scale layoffs.


Tesla did not immediately respond to a request for comment.


The company stated in its regulatory filing documents: “As part of the government’s response to the epidemic provided to global companies, we have received certain wage-related benefits, which will help reduce the impact of the epidemic on our financial performance.”


US Republicans and Democrats are discussing a second round of aid programs to boost the economy and help millions of Americans who lost their jobs during the epidemic. Musk posted on Twitter last Friday that the new stimulus plan in the United States "is not in the interests of the people." (Chen Chen)



Source: NetEase Technology Report, translated by Google Translate

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