News Snapshot:
SHANGHAI: Tesla aims to resume production at its Shanghai factory from Monday, two sources familiar with the matter said, as it expects to see its first batch of workers released from a city-imposed lockdown to combat an increase in COVID-19 cases. Production at the US carmaker’s Shanghai plant, which produces cars for the Chinese market and is also a crucial export hub, has been halted since March 28 as the government launched a two-stage lockdown that began in areas east of the city’s Huangpu River where Tesla’s factory is located. Still, Tesla’s takeover plans could change due to evolving Shanghai...
