Tesla halts most production in Shanghai over supply problems
GuardianSEP 2022
No wonder Tesla is struggling - nearly 60% of producers had their capacity slowed or reduced due to COVID restrictions or difficulties obtaining workers or parts. China's dynamic zero-COVID strategy has a cascading effect on supply chains and that, in turn, impacts company logistics.
Tesla's future still looks bright despite current disruptions. Earlier this month, the company revealed that it plans to build a second factory in Shanghai, giving it the power to build up to 2M cars a year in the city. Things will improve even more once COVID subsides in Shanghai, allowing Tesla's deep relationship with China to continue.
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