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Tesla (TSLA) to suspend Model Y production in China through end of year
December 9, 2022 10:59 AM ESTReuters reports today, citing an internal memo and people with knowledge of the matter, that Tesla (NASDAQ: TSLA) will suspend Model Y assembly at its Shanghai plant between Dec. 25 and Jan. 1.
The interruption of assembly at the end of the month would be part of a cut in planned production of about 30% in the month for the Model Y,... More
Tesla’s (TSLA) Elon Musk tasks top China executive to aid ramp at Texas gigafactory
December 8, 2022 2:38 PM ESTAccording to a late Wednesday report by Bloomberg, Tesla (NASDAQ: TSLA) CEO Elon Musk has asked longtime executive and the company's president in China, Tom Zhu, to help run the carmaker's new plant in Austin, Texas as the facility prepares to ramp... More
Tesla (TSLA) to shorten shifts and delay hiring at Shanghai plant
December 8, 2022 9:25 AM ESTBloomberg reports this morning, citing people familiar with the situation, that electric vehicle company, Tesla (NASDAQ: TSLA) will shorten shift hours at its Shanghai factory and has delayed on-boarding of new staff. The report has shares trading down almost 2%.
According to the... More
