ShinyShiny snippets: Tesla slashes Shanghai EV production


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T esla has pulled back most of its production in Shanghai as China’s zero-Covid policy wreaks havoc in its supply chain. The electric car company, owned by billionaire Elon Musk, has cut back from making 1,200 units a day to fewer than 200 units, Reuters reported. The plans were outlined in an internal memo sent after the factory reopened following a 22-day closure to comply with Shanghai’s latest lockdown. The factory has reopened on a so-called closed loop system that requires employees to live on the site and work 12-hour shifts for six days a week. Telegraph Elon Musk aims...