Tesla Gets Permission to Ramp Back Up to Full Production in California

The auto industry has been hit particularly hard by the coronavirus pandemic: Automakers' factories were closed in many countries amid worldwide efforts to slow the spread of COVID-19, and electric-car maker Tesla (NASDAQ: TSLA) was no exception. After dealing with the relatively short shutdown of its Shanghai factory that began in February, the company was forced to shut down its Fremont, California, factory in March. Over the weekend, Tesla was given official permission from California's Alameda County to resume production in Fremont, according to the San Francisco Chronicle.