Shanghai reported 41 new domestically transmitted symptomatic coronavirus cases for Dec. 5, the same as a day earlier, while 536 local asymptomatic cases were reported, up from 524 the previous day, the city government said on Tuesday. ( read original story ...)
Tesla denies report of planned production cuts in Shanghai (update)
Tesla ( NASDAQ: TSLA) called reports from both Bloomberg and Reuters that Giga Shanghai will cut production “untrue” on Monday. ( read original story ...)
Tesla set to cut Shanghai factory output in sign of sluggish demand
Tesla Inc plans to lower production at its Shanghai factory, according to people familiar with the matter, in the latest sign demand in China isn’t meeting expectations. The output cuts will take ... ( read original story ...)
Tesla stock slides on reports that the electric-vehicle maker’s Shanghai factory may cut back production
The electric-vehicle maker's Shanghai factory could cut Model Y production by 20% ... local media outlets reported. The news follows a fatal crash involving Tesla's Model Y, which killed two people ... ( read original story ...)
Tesla cuts output plan for Shanghai plant for December
Inventory levels at Tesla's Shanghai plant rose sharply after it completed an upgrade of the manufacturing facilities in the summer, with EV inventory increasing at its fastest pace ever in October. ( read original story ...)
Stock Market Today: Stocks Drift Lower, Dollar Weakens On Renewed Recession Risks
Traders are fading last week's solid jobs report, as well as loosening Covid restrictions in China, as recession concerns continue to weigh on U.S. stocks. ( read original story ...)
Tesla Stock Slumps After Company Reportedly Cuts Model Y Production From Shanghai Plant
The plan to cut production comes after delivered more than 100,000 from its Shanghai plant for the first time in November. ( read original story ...)