Steven Mnuchin called on California to make it possible for Tesla to reopen 'quickly and safely' after CEO Elon Musk threatened to move its headquarters out of state.
Treasury Secretary Steven Mnuchin said Monday California should do whatever it must in order to resolve remaining COVID-19 concerns so Tesla CEO Elon Musk can allow his employees to return to work.
"I agree with Elon Musk," Mnuchin told CNBC's Jim Cramer during an interview Monday morning."He's one of the biggest employers and manufacturers in California, and California should prioritize doing whatever they need to do to solve those health issues so that he can open quickly and safely. They're going to find, as he's threatened, he's moving his production to a different state.
Even so, a lot of the decisions regarding when and how reopening can proceed remain at the county level as local health officials respond to the latest trends in coronavirus cases and deaths. In Alameda County, which is home to Tesla's Palo Alto headquarters, officials last month extended the county's stay-at-home order through May 31. As of Sunday, Alameda was the county with the seventh greatest number of coronavirus cases in the state.
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