Tesla Cuts Production at China Factory Amidst Competition and Potential Next-Gen EV Preparations
Tesla, has scaled back its vehicle manufacturing at its Chinese plant due to sluggish electric vehicle sales and intense competition. At the beginning of this month, the company instructed employees at its Shanghai facility to cut back production of the Model Y SUV and Model 3 sedan, the two models produced in China, to a […]
Tesla, has scaled back its vehicle manufacturing at its Chinese plant due to sluggish electric vehicle sales and intense competition.
At the beginning of this month, the company instructed employees at its Shanghai facility to cut back production of the Model Y SUV and Model 3 sedan, the two models produced in China, to a five-day workweek instead of the usual six-and-a-half days.
The individuals who indicated that Tesla is reducing production at the China factory have asked to remain anonymous because they are not authorized to speak publicly.
The decrease in production could also be attributed to modifications taking place in their factory for the next-generation EV and Cybertruck, suggesting it may not solely be a result of slowing demand.
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