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Tesla to shuts down Shanghai plant

May 10, 2022
in Business
Tesla to shuts down Shanghai plant

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On Tuesday Tesla has decided to shut down its Shanghai plant amid tightening COVID lockdown. The factory was functioning well below capacity on Tuesday, according to Reuters.

The US automaker has halted most of its production at the plant due to problems securing parts, according to an internal memo seen by Reuters.

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Tesla had planned as late as last week to increase output to pre-lockdown levels by next week. Among Tesla suppliers facing difficulties is wire harness maker Aptiv after infections were found among its employees, sources said on Monday, Reuters said.

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