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Tesla to Suspend Shanghai Production for Two Weeks – memo

June 23, 2022
Source: asiafinancial.com asiafinancial.com
News Snapshot:
US EV maker plans upgrades to its Shanghai plant to boost production as lockdowns hammer output at the facility. Tesla will stop most production at its Shanghai facility for two weeks in July to allow for site upgrades, according to an internal memo. After the upgrade, Tesla hopes to boost output with an eye to making 22,000 cars per week in Shanghai, according to the memo. A two-month lockdown delayed the company’s original target of making 8,000 Model 3s and 14,000 Model Ys per week at the Shanghai plant by mid May, two people familiar with the matter said previously....
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