Tesla shuts down Shanghai plant over supply issues: Report

Tesla shuts down Shanghai plant over supply issues: Report

Tesla had planned as late as last week to increase output to pre-lockdown levels by next week

AgenciesUpdated: Tuesday, May 10, 2022, 01:22 PM IST
article-image
The US automaker has halted most of its production at the plant due to problems securing parts. / Representative image | File Photo

Tesla has decided to shut down its Shanghai plant on Tuesday 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.

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.

Many of the hundreds of companies reopening factories in Shanghai in recent weeks have faced challenges getting production lines back up to speed while keeping workers on-site in a "closed loop" system, the report said.

(With inputs from Reuters)

RECENT STORIES

Sensex Slips 255.86 Points To 84,705.28 In Early Trade, Nifty 65.9 Points To 26,074.85

Sensex Slips 255.86 Points To 84,705.28 In Early Trade, Nifty 65.9 Points To 26,074.85

DRI Busts International Gold Smuggling Racket; Seizes ₹40 Crore Gold, ₹2.9 Crore Cash

DRI Busts International Gold Smuggling Racket; Seizes ₹40 Crore Gold, ₹2.9 Crore Cash

ED Attaches Assets Worth ₹400 Crore In Jaypee Group Money Laundering Case

ED Attaches Assets Worth ₹400 Crore In Jaypee Group Money Laundering Case

Aditya Birla Sun Life's CIO Mahesh Patil Resigns, Firm Announces Senior Leadership Changes

Aditya Birla Sun Life's CIO Mahesh Patil Resigns, Firm Announces Senior Leadership Changes

EV Retail Sales Jump 16% In 2025 On 77% Surge In Electric Car Demand: FADA

EV Retail Sales Jump 16% In 2025 On 77% Surge In Electric Car Demand: FADA