Tesla Inc. (NASDAQ: TSLA) Chief Government Officer Elon Musk on Sunday stated he can be visiting Germany later within the week to evaluate the progress on a few of the automaker’s initiatives within the nation.
What Occurred: In response to a Twitter person asking him about progress on the corporate’s plans to make RNA microfactories, Musk stated, “That [and] Giga Berlin are why I am headed to Germany this week.”
“Conversations with Harvard epidemiology confirmed {that a} high-speed RNA printer has potential [to] be useful for vaccines [and] cures in lots of areas,” the Tesla CEO added.
Why It Issues: Musk introduced in July that Tesla was constructing RNA microfactories “as a aspect mission” for CureVac BV (NASDAQ: CVAC), which may doubtlessly assist manufacture the latter’s COVID-19 vaccine — at the moment below growth.
The transportable, automated messenger RNA, or mRNA, printers, which Musk refers to as RNA microfactories, might help velocity up the manufacturing course of for a number of such vaccines, Reuters famous earlier.
A number of different coronavirus vaccine candidates, together with these being developed by Moderna Inc. (NASDAQ: MRNA) and Pfizer Inc. (NYSE: PFE), are additionally primarily based on mRNA expertise.
Drone footage means that Tesla’s Berlin gigafactory, the electrical automobile maker’s first manufacturing facility in Europe, can be present process fast development.
price Motion: Tesla shares closed 1.1% decrease at $2,213.40 on Friday. CureVac shares closed 2.5% greater at $59.15 on the identical day.
Photograph courtesy: JD Lasica through Flickr
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