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California officials reject subsidies for Musk’s SpaceX over Tesla spat
The snub comes as Musk has sparred with officials in Alameda County over his plans to resume production at the Tesla plant there, which was stopped because of the coronavirus. Five members of California’s Employment Training Panel voted to reject the proposal and two voted for it, with one member absent, after discussing Musk’s tweets on Tesla’s reopening and media reports of layoffs at SpaceX’s Hawthorne, California headquarters in recent years.
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Fed Warns of ‘Significant’ Hit to Asset Prices If Pandemic Grows
from Yahoo Finance https://ift.tt/3bD4OUR
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