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

HCL Technologies To Acquire Hewlett Packard Enterprise Telco Solutions Business For $160 Million

HCL Technologies To Acquire Hewlett Packard Enterprise Telco Solutions Business For $160 Million

Uttar Pradesh Attracts ₹6500 Crore Investment Proposals From Top Domestic & Global Firms

Uttar Pradesh Attracts ₹6500 Crore Investment Proposals From Top Domestic & Global Firms

Tradition Meets Ambition: Fadnavis Shares Maharashtra’s Growth Roadmap At WHEF 2025

Tradition Meets Ambition: Fadnavis Shares Maharashtra’s Growth Roadmap At WHEF 2025

RBI Imposes Withdrawal Ban & Restrictions On Valsad Mahila Nagrik Sahakari Bank Over Financial Woes

RBI Imposes Withdrawal Ban & Restrictions On Valsad Mahila Nagrik Sahakari Bank Over Financial Woes

KSH International IPO Subscribed 83%, QIBs Fully Booked, Global Expansion Plans In Focus

KSH International IPO Subscribed 83%, QIBs Fully Booked, Global Expansion Plans In Focus