Tesla stutters under tighter Shanghai lockdown; Beijing keeps hunting COVID BRANDS journal


Source: brandsjournal.com brandsjournal.com

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By David Stanway and Martin Quin Pollard SHANGHAI/BEIJING (Reuters) -Tesla operated its Shanghai plant well below capacity on Tuesday, showing the problems factories face trying to ramp up output under a tightening COVID-19 lockdown, while China’s capital kept up its fight with a small but stubborn outbreak. Many of the hundreds of companies reopening factories in Shanghai in recent weeks have faced challenges getting production lines back up to speed while keeping workers on-site in a “closed loop” system. Even if they manage to get everything right, such firms depend on suppliers facing similar challenges. The latest sign of the...