Tesla (TSLA) is up on record deliveries despite Giga Shanghai extending its shutdown Electrek


Source: electrek.co electrek.co

Key Topics in this News Article:

News Snapshot:

Tesla’s stock (TSLA) is up in pre-market trading on Monday after releasing new record delivery numbers this weekend, despite investors learning that Gigafactory Shanghai is unable to restart production today. As we reported on Saturday, Tesla released its Q1 2022 delivery and production results and beat its all-time delivery record with 310,000 EVs despite a difficult quarter. One of the main difficulties has been two shutdowns of Gigafactory Shanghai, including one at the end of the quarter that is still extending into Q2 2022. The latest shutdown is due to citywide lockdowns in Shangha i to try to prevent the...