News Snapshot:
Tesla has officially delayed Gigafactory Shanghai’s ramp-up back to pre-shutdown production capacity as it remains on one closed-loop shift for at least another week. This delay will likely result in Tesla missing out on about 10,000 vehicles produced this quarter. Like many other companies, Tesla had to shut down production at its Shanghai factory last month after local authorities imposed serious lockdowns on the population in an attempt to limit the spread of COVID-19 after a surge in cases during the first quarter. The automaker was finally able to restart production on April 19 after 22 days of being shut...
