imageStock Markets11 hours ago (Mar 24, 2020 06:20AM ET)

(C) Reuters. FILE PHOTO: Automobile awards The golden steering wheel in Berlin

FRANKFURT (Reuters) – Tesla (NASDAQ:TSLA) bought hospital ventilators in China and shipped them to the United States, CEO Elon Musk said on Tuesday.

Tesla’s purchase comes as governments across the globe appeal to automakers and aerospace companies help procure or make ventilators and other medical equipment.

“China had an oversupply, so we bought 1255 FDA-approved ResMed, Philips & Medtronic (NYSE:MDT) ventilators on Friday night & airshipped them to LA,” Musk said on Twitter.

California Governor Gavin Newsom on Tuesday said the state would receive 1,000 ventilators from Tesla as the United States braces to deal with an influx of patients infected by the coronavirus.

Authorities are hoping large-scale manufacturers can use their low-cost supply chains and digital design expertise, including 3D printing, and repurpose some factories in order to make up the expected shortfall in vital medical hardware.

Carmakers have cautioned that assembling delicate medical equipment to standards adequate for use in hospital intensive care units remains a challenge.

Tesla CEO says bought ventilators in China for U.S

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