Tesla delays restoring Shanghai output to pre-lockdown levels, the memo shows
May 17, 2022: -According to an internal memo viewed by Reuters, Tesla delays a plan to restore production at its Shanghai plant to levels before the city’s Covid -19 lockdown by at least a week,
The U.S. electric car maker initially aimed to increase output at its Shanghai plant to 2,600 cars in a day from May 16, Reuters reported this month which cited another memo.
But the recent memo said that it plans to stick to one shift for its Shanghai plant for the recent week with a daily output of nearly 1,200 units. It said it aims to surge the production to 2,600 units per day from May 23.
Challenges remain for Tesla to double the number of workers living and sleeping near production lines to maintain “closed-loop” operations, said a spokesperson said.
Companies in Shanghai are allowed to reopen if they can operate under such an arrangement, requiring workers to be isolated.
There are also uncertainties for the supplies, as factories of suppliers and logistics in Shanghai and surrounding areas have yet to be restored to normal, the person added.
On one day in the previous year, Tesla operated its Shanghai plant well below capacity, which indicates the problems factories face trying to ramp up output under a tightening COVID-19 lockdown.
Shanghai is aiming to reopen broadly and allow everyday life to resume from June 1, a city official said, after declaring that 15 of its 16 districts had eliminated cases outside quarantine areas.
Oppo Doubles Down on AI, in Talks with Google and Microsoft
Oppo, a prominent Chinese smartphone manufacturer, has announced its plans to significantly accelerate its …
Apple, Goldman Sachs Ordered to Pay $89M Over Apple Card Failures
The Consumer Financial Protection Bureau (CFPB) has ordered Apple and Goldman Sachs to pay a combined fine of more than
Tudor Jones Backs Gold, Bitcoin, Citing Inflation Fears
Renowned hedge fund manager Tudor Jones has expressed a bullish outlook on gold and bitcoin, citing the potential for a significant …
JPMorgan Recommends Power Producers Amid AI-Driven Demand Surge
Investment bank JPMorgan Chase has identified a group of power producers poised to benefit from a significant shift in electricity demand …