Tesla halts production again at Shanghai plant due to supply issues – #marketnews

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Reuters is confirming that Giga Shanghai production has stopped. The factory has already closed for a total of 22 days this quarter and counting.

Wall Street is expecting sales to be flat this quarter, and with the largest factory idled, and Giga Texas delivering a few cars only to employees, a miss is all but guaranteed.

Source: https://www.reuters.com/business/autos-transportation/exclusive-tesla-halts-production-shanghai-plant-due-supply-issues-sources-2022-05-10/

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