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Employees work at the Tesla Gigafactory in Shanghai, east China, Nov. 20, 2020. U.S. electric car company Tesla in 2019 built its first Gigafactory outside the United States in the new Lingang area, with a designed annual production capacity of 500,000 units.
Ding Ting | Xinhua News Agency | Getty Images
Tesla reduced vehicle production at its Shanghai factory this week due to parts shortages caused in part by a supplier’s Covid lockdown.
According to JL Warren Capital CEO and Director of Research Junheng Li, a Covid case detected at an Aptiv factory in the Jiading district of Shanghai led authorities to temporarily close that facility. Aptiv makes a cable harness used in Tesla’s battery…
Source cnbc.com
