Tesla to halt Shanghai factory production amid COVID curbs, Bloomberg News reports

(Reuters) – Tesla Inc is planning to droop manufacturing at its Shanghai manufacturing unit for a minimum of at some point, Bloomberg Information reported on Sunday, as China’s monetary hub mentioned it will go right into a lockdown in two phases to conduct COVID-19 testing.
Tesla’s manufacturing within the plant will probably be halted on Monday, the report mentioned, citing folks conversant in the matter, including that the electrical automotive maker hasn’t but knowledgeable employees if it will lengthen the suspension past Monday.
Tesla didn’t instantly reply to Reuters’ request for remark.
Shanghai’s municipal authorities mentioned on Sunday that each one companies and factories will droop manufacturing or work remotely through the lockdown.
Earlier this month, Tesla needed to halt manufacturing on the manufacturing unit for 2 days as China tightened its COVID-19 restrictions. The corporate then mentioned it was attempting the perfect to maintain manufacturing going on the manufacturing unit.
(Reporting by Maria Ponnezhath in Bengaluru; Enhancing by Paul Simao)