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Tesla Stock: EV Maker Set To Launch Austin Plant Amid Extended China Factory Closure

News Snapshot:

Tesla ( TSLA ) is predicted to ship its first 4680 battery-powered Mannequin Y car at its Texas manufacturing unit launch occasion later right this moment. In the meantime, the EV maker continues to take care of a manufacturing unit shutdown in Shanghai on account of a surge in Covid circumstances. State regulators in China additionally stated Tesla would wish to supply a safety-related software program replace to repair a semiconductor element on greater than 127,000 Mannequin 3s. Tesla inventory rose barely Thursday.. X Tesla’s occasion in Austin, referred to as Cyber Rodeo, will mark the opening of its $1.1…

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