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. ( read original story ...)
Tesla to cut December output of Model Y at Shanghai plant
Tesla did not immediately respond to a request for comment on the planned cut, first reported by Bloomberg, and Reuters was unable to immediately ascertain the reason for reduction. Inventory levels ... ( read original story ...)
Shanghai Composite Index Rose 1.76% on Monday
China’s benchmark Shanghai Composite Index gained 1.76% on Monday, while the Shenzhen Component Index rose 0.92%. Shanghai’s tech-heavy STAR 50 Index lost 0.45% for the day, w ... ( read original story ...)
SMM Evening Comments (Dec 5): Shanghai Nonferrous Metals Closed All with Gains amid Signs of Easing Pandemic Control in China
Shanghai nonferrous metals closed all with gains as the market confidence was boosted by the signs of relaxing pandemic control measures in China. Shangh ... ( read original story ...)
Tesla cuts Dec Model Y output at Shanghai plant by more than 20% versus Nov – sources
Tesla plans to cut December output of the Model Y at its Shanghai plant by more than 20% from the previous month, two people with knowledge of electric vehicle (EV) giant's production plan said on ... ( read original story ...)
PCR test results no longer needed for Metro as Shanghai amends prevention rules
Metro riders are no longer required to provide negative 72-hour PCR test results but they still need to scan venue codes when entering the station. Metro riders are no longer required to provide ... ( read original story ...)
Tesla to cut output at Shanghai factory
Tesla plans to cut December output of the Model Y at its Shanghai plant by more than 20 per cent compared to November. ( read original story ...)