News Snapshot:
News Snapshot: FAST FIVE: Tesla's Shanghai Gigafactory Remains Closed, Has Already Lost 40,000 EVs Due To COVID Lockdowns Tesla's Shanghai Gigafactory Remains Closed, Has Already Lost 40,000 EVs Due To COVID Lockdowns Thursday's spectacle of Elon Musk's attempt to buy Twitter for about $43 billion has diverted attention from a significant Tesla production snag in China. Bloomberg reports that Tesla Giga Shanghai, a factory operated by Tesla, Inc. in Shanghai, China, which produces Model 3 and Model Y vehicles, has had production lines shuttered for nearly three weeks due to city-wide lockdowns to control the spread of COVID-19. Since Mar....
