News Snapshot:
Tesla’s ( TSLA ) Shanghai factory will stay closed until at least Thursday as the city continues its enforced COVID lockdowns. The factory has been shut down since at least March 28 as China ordered a phased lockdown of Shanghai’s residents as part of its zero COVID-19 strategy, Bloomberg reported. Now the city has undergone a full city lockdown of its 26 million residents indefinitely as COVID cases reached a record level – the highest seen since the height of the pandemic back in 2020. “Shanghai’s epidemic prevention and control is at the most difficult and most critical stage,” Wu...
