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

India’s Food Delivery Platform Sector Emerges As Major Economic Engine, Generates ₹1.2 Lakh...

India’s Food Delivery Platform Sector Emerges As Major Economic Engine, Generates ₹1.2 Lakh...

India–Oman CEPA Unlocks Zero-Duty Access For Over 99% Of Indian Exports, Boosts Trade, Services...

India–Oman CEPA Unlocks Zero-Duty Access For Over 99% Of Indian Exports, Boosts Trade, Services...

Sonaselection India Files Draft Papers For ₹80 Crore IPO To Fund Expansion & Debt Repayment

Sonaselection India Files Draft Papers For ₹80 Crore IPO To Fund Expansion & Debt Repayment

Sensex, Nifty End Flat After Volatile Session, IT Stock Gains Fail To Offset Losses In Other Sectors

Sensex, Nifty End Flat After Volatile Session, IT Stock Gains Fail To Offset Losses In Other Sectors

Nissan Plans India Expansion, Launches Gravite MPV, Aims For Three New Models By 2027

Nissan Plans India Expansion, Launches Gravite MPV, Aims For Three New Models By 2027