News Snapshot:
Tesla is aiming to increase production at its Shanghai plant to 2,600 cars a day from May 16, it said in an internal memo seen by Reuters, as it shuts down the city to control COVID-19. Wants to restore production to the level. Tesla, which is now running only one shift, plans to add more to its Shanghai plant from May 16 to achieve the goal, showed a memo reviewed by Reuters. According to Reuters calculations, weekly production will reach 16,900 vehicles based on Tesla’s installed work week. This would represent a return to production levels at the plant before...
