The US electric vehicle manufacturer is aiming for daily output of 1,200 cars this week, but hopes to raise production in Shanghai to about 2,600 cars a day next week
Export volume from Shanghai is almost back to normal as carmakers prioritize them over domestic shipments.
The halt in production is the latest in a series of difficulties the factory faces as Shanghai enters a sixth week of lockdowns
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
The once-booming electric vehicle market has been hit hard and Nomura Holdings says the country’s hardline Covid policy has put...
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.
The SolarCity case was brought after Tesla shareholders accused Musk of coercing the board into buying the struggling solar panel maker to rescue his investment
China EV makers Nio, Great Wall and Hozon are among manufacturers based outside of Shanghai that are being hammered by shortages of parts.
Shanghai’s Covid curbs may prevent Tesla from getting the parts it needs to sustain production, says the Jiangxi New Energy...
Musk said he has lined up $46.5 billion in debt and equity financing to buy Twitter and was considering taking his offer directly to shareholders.