Numerous Chinese tech stocks were on the rise, Monday, as reports surfaced regarding Shanghai easing Covid-19 restrictions in the city. ( read original story ...)
Why Tesla Stock Got Dented Today
Tesla remains "dominant" in EVs, reports TheFly.com today, retaining a 20% market share, but competition is heating up and the company lost market share to new rivals in ... ( read original story ...)
Tesla Giga Shanghai remains on one closed-loop shift, ramp up delayed to next week
Tesla has officially delayed Gigafactory Shanghai’s ramp-up back to pre-shutdown production capacity as it remains on one closed-loop shift for at least another week. This delay will likely result in ... ( read original story ...)
China Focus: Shanghai reopening commercial outlets with resurgence under control
China's financial hub Shanghai is gradually reopening commercial outlets such as shopping malls, convenience stores and pharmacies from Monday after weeks of closed management to ward off COVID-19. ( read original story ...)
Tesla delays plan to restore Shanghai output
STORY: Tesla has delayed plans to restore output at its Shanghai plant by at least a week.That’s according to an internal memo seen by Reuters Monday (May 16).The EV maker wanted to get the factory ... ( read original story ...)
Shanghai plans Covid lockdown exit in June as China economy slumps
The announcement was met with scepticism by some Shanghai residents, who have faced shifting schedules for the lifting of restrictions ... ( read original story ...)
Shanghai’s Strict 6-Week Lockdown Nears End As Covid Outbreak Eases
The city’s vice mayor Zong Ming said 15 out of Shanghai’s 16 districts have achieved “zero Covid” status, which implies three days of no new cases among people who are not already under quarantine ... ( read original story ...)