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Tesla’s next Gigafactory is being built in Austin, Texas – Engadget

Tesla announced its Q2 2020 earnings on Wednesday and reports its first full year of profitability to date.



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Tesla had to make some pretty severe cuts to preserve its earnings in Q2, given the widespread effects of the COVID-19 pandemic. While Tesla’s North American factories were shuttered, the company furloughed thousands of workers and cut salaries by up to 30 percent, suspended contract assignments and even delayed performance reviews so that it wouldn’t have to pay out bonuses or pay increases to deserving employees until the end of July. That turned out to be a pretty raw deal for many Tesla work…

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