Elon Musk labels Coronavirus lockdowns as fascist
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Tesla Inc’s outspoken CEO Elon Musk on Wednesday called sweeping US stay-at-home restrictions to curtail the coronavirus outbreak “fascist”. Tesla's shares were up 8.8 per cent at $871 in extended trade despite the economic slump worldwide due to the global pandemic. Tesla Inc produces a fraction of the cars of its rivals but has a much larger stock market value on expectations of tremendous growth.