Internal memo outlines plans to add more shifts to boost production to pre-lockdown levels even as suppliers struggle to provide parts.
According to an internal memo, the US carmaker plans to churn out 2,600 electric cars from the Shanghai plant per day from May 16
About 8,000 Tesla employees returned to work at the US company's Shanghai giga-factory on April 19, the Miami-based EV news website said
The once-booming electric vehicle market has been hit hard and Nomura Holdings says the country's hardline Covid policy has put the economy on the brink of recession.
Tesla will recall 14,684 Model 3 cars that were locally made or imported between 2019 and March 2022 to fix a software problem, China's market regulator said.
“No further TSLA sales planned after today," Musk wrote on Twitter after the US Securities and Exchange Commission filings became public on Thursday evening
Leading car maker revealed for the first time last week that nearly half of its vehicles made in the first quarter were equipped with lithium-iron-phosphate batteries
Tesla employees have returned to work at the giant’s Covid-hit Shanghai plant, and they aim to restart production with 1,000 cars a day after a stoppage of more than three weeks.
Shanghai’s Covid curbs may prevent Tesla from getting the parts it needs to sustain production, says the Jiangxi New Energy...
Higher prices help insulate the company from supply chain chaos and rising costs, with the results likely to trigger $23 billion in new payouts to chief executive Elon Musk
Shanghai's Covid curbs may prevent Tesla from getting the parts it needs to sustain production, says the Jiangxi New Energy Technology Institute
Covid-19 related suspension of Tesla's Shanghai factory, costs of ramping up new factories in Berlin and Texas and rising supply chain costs weigh on Tesla first-quarter earnings