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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Tesla Inc | NASDAQ:TSLA | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-7.44 | -4.79% | 148.01 | 148.00 | 148.01 | 152.20 | 148.70 | 151.25 | 96,099,429 | 00:59:58 |
--Tesla Inc. is planning to keep production at its Shanghai plant at about 93% capacity through the end of 2022, Reuters reported Tuesday, citing people familiar with the matter.
--The hold comes despite a recent upgrade aimed at raising production and making up for lost output from an extended Covid-19 lockdown in April, the report said.
--Tesla didn't immediately respond to a request for comment on the report.
--The company said in July that the plant could produce more than 750,000 cars a year after the upgrades.
Full story: https://www.reuters.com/business/autos-transportation/exclusive-tesla-keep-output-upgraded-shanghai-plant-below-maximum-sources-2022-09-27/
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
September 27, 2022 09:31 ET (13:31 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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