Tesla earnings may come under pressure from Shanghai factory shutdown

Source: bollyinside.com bollyinside.com

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Tesla investors on Wednesday will watch out for whether the electric vehicle organization keeps up with its ambitious 2022 conveyance target as the greatest factory, Shanghai, grapples with a COVID-19 closure and new plants gradually increase yield. Tesla reports quarterly outcomes and experts are likewise finding out if CEO Elon Musk will talk about his $43 billion proposal to purchase Twitter and assuming he will use some of his Tesla shares to assist with fund the deal. The COVID-19 related suspension of Tesla’s Shanghai factory, the expenses of ramping up new manufacturing plants in Berlin and Texas and rising supply...