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18 Apr 2022

Tesla, others Ready Shanghai factory reopening as the city ends COVID-19 Lockdown

The Index Today

Manufacturers preparing to reopen on Monday. Most of Shanghai factories including Tesla (NASDAQ:#TSLA) begins preparation in reopening as the city accelerated efforts to ease COVID-19 lockdown that has forced most businesses in China's economic hub to shut for nearly three weeks.

Tesla has recalled workers to its factory to prepare for the restart, two sources told Reuters. They added that while the U.S. automaker had initially intended to resume one production shift on Monday it was now looking to do so on Tuesday. One of the sources said one reason was because a supplier was facing issues with logistics, Reuters reported.

Tesla did not immediately respond to a request for comment.

©Photo: Reuters

Clay pottery with table linens