Tesla plans to supply FDA-approved ventilators free of cost: Musk

(Reuters) - Tesla Inc (NASDAQ: TSLA) Chief Executive Elon Musk said on Tuesday the company has extra FDA-approved ventilators that can be shipped free of cost to hospitals within regions where the electric carmaker delivers.

"Device & shipping cost are free. Only requirement is that the vents are needed immediately for patients, not stored in a warehouse. Please me or @Tesla know," Musk said in a tweet https://twitter.com/elonmusk/status/1245009716935188481.

Tesla did not immediately respond to a request for comment on how many ventilators it has to offer, or how the company will prioritize requests.

Governments across the globe have appealed to automakers and aerospace companies help procure or make ventilators and other medical equipment amid a fast-spreading coronavirus outbreak, which has infected more than 777,000 people globally and killed over 37,500.

In United States, states hard hit by the pandemic have pleaded with the Trump administration and manufacturers to speed up production of ventilators to cope with a surge in patients.

Earlier this week, Ford Motor Co (NYSE: F) said it will produce 50,000 ventilators over the next 100 days at a plant in Michigan in cooperation with General Electric's healthcare unit, and can then build 30,000 per month as needed to treat patients afflicted with the coronavirus.

(Reporting by Munsif Vengattil and Akanksha Rana in Bengaluru; Editing by Aditya Soni)

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Analyst explains why SpaceX stock is down today
• IQVIA and Medera partner on cardiac gene therapy development
• CVS Health enhances its direct-to-consumer weight management offerings