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Tesla acknowledges ‘health epidemics’ as new risk in 2019 10-K

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Elon Musk, chief executive officer of Tesla Inc., left, gestures while shaking hands with Ying Yong, mayor of Shanghai, during the Tesla China-Made Model 3 Delivery Ceremony at the company’s Gigafactory in Shanghai, China, on Tuesday, Jan. 7, 2020.

Qilai Shen | Bloomberg | Getty Images

On Thursday, Tesla acknowledged that the COVID-19, or coronavirus outbreak in and beyond China may have a material adverse impact on their business in an annual financial filing.

In the Risk Factors section of the 2019 10-K filing, they included — for the first time ever — a mention of “health epidemics.”

The filing also stated:

Beginning in late 2019, the media has reported a public health epidemic…



Source cnbc.com

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