Wednesday, October 1, 2025

Latest

Tesla Stops Production At Shanghai Facility

According to an internal notification and two people with knowledge of the situation, Tesla (Nasdaq: TSLA) paused production at its Shanghai plant on Saturday.

The US automaker canceled the morning shift and instructed all workers at its most productive production hub that they could begin their break, according to the people and the note seen by Reuters. The company reportedly did not provide a reason for the halt.

The suspension advances a previous plan to scale down most work at the plant in response to lower demand among Chinese consumers.

READ: Tesla Prepares to Cut Back Shanghai Production Due to Low Chinese Demand

The pause comes amid a surge in infections following China’s relaxation of its zero-COVID policy earlier this month, an unexpected move hailed by businesses and the public alike but severely hurting corporate operations in the short term.

Production at the Shanghai facility has consistently been touch-and-go this year, following the pandemic restrictions and supply chain challenges.

Earlier this month, there was a plan to halt the Model Y assembly at the end of the month, part of a 30% reduction in scheduled output for the vehicle.

In comparison, the Shanghai facility-Tesla’s most critical manufacturing center–remained open during the last week of December last year.

The electric vehicle maker has seen a challenging 2022, dominatated by a significant decline in its valuation as the firm currently trades at a two-year low.

Tesla last traded at $123.15 on the Nasdaq.


Information for this briefing was found via Reuters and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

The Global Conflict Has Already Started | Bryan Cunningham

Silver Still At 90:1, What If It Snaps Back To 15:1? | Glenn Jessome – Silver Tiger

Why This Gold Run Could Be Bigger | Roger Rosmus – Goliath Resources

Recommended

Silver47 Concludes 15 Hole Drill Program At Red Mountain

Nord Precious Metals Conducts Geophysical Survey At Castle To Identify Historical Workings

Related News

NTSB Criticizes Tesla for Failing to Address Autopilot Safety Recommendations Issued 4 Years Ago

Tesla (NASDAQ: TSLA) is in the hot seat once again, this time over failing to...

Tuesday, October 26, 2021, 02:48:00 PM

Tesla Faces Safety Probe Anew Following “Phantom Breaking” Complaints

It seems the electric vehicle manufacturer can’t catch a break. Another safety investigation looms over...

Saturday, February 19, 2022, 03:25:00 PM

Tesla’s China-Made Auto Sales Soar to Record in September

Shares of Tesla were sent higher on Tuesday, after the automaker revealed its China-made vehicle...

Wednesday, October 13, 2021, 04:29:00 PM

Tesla Issues TWO Separate Recalls Over Seatbelt Chime Alert, ‘Rolling Stop’ Feature

Tesla (NASDAQ: TSLA) is in the hot seat once again, this time adding two more...

Saturday, February 5, 2022, 03:09:00 PM

Study On Tesla Users Reveal Autopilot, FSD Beta Encourage Driver Misuse

A research paper by proponents from Delft University of Technology highlighted the growing complacency and...

Wednesday, March 22, 2023, 04:46:00 PM