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Re: fung_derf post# 75

Thursday, 03/26/2020 12:58:37 PM

Thursday, March 26, 2020 12:58:37 PM

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Giga New York to reopen for ventilator production

Mar. 26, 2020 3:34 AM ET|About: Tesla, Inc. (TSLA)|By: Yoel Minkoff, SA News Editor

Tesla (NASDAQ:TSLA) is reopening its solar panel factory in Buffalo, New York "as soon as humanly possible" to produce ventilators that are in short supply due to the coronavirus pandemic.

Medtronic (NYSE:MDT) is partnering with the EV maker on the project, adding that "open sourcing" one of its lower end ventilators can be an intermediary step in critical care.

According to the NYT, there are about 160,000 ventilators in the U.S. and another 12,700 in the National Strategic Supply.

Successful Trading is the art of minimizing long term risk and maximizing capital allocation.

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