Tesla China denies media reports of output cut at Shanghai plant

FILE PHOTO: 2021 China International Fair for Trade in Services (CIFTIS) in Beijing

SHANGHAI (Reuters) – Tesla on Monday said media reports which said its plant in Shanghai would cut December output of its Model Y were “untrue”.

Reuters on Monday reported Model Y output at the plant was set to fall by more than 20% versus November citing two sources with knowledge of the electric vehicle (EV) giant’s production plan.

(Reporting by Zhang Yan and Brenda Goh; writing by Meg Shen; editing by Jason Neely)

Reuters

Related posts

Teen Driver’s Insurance Rates Spike Almost 200% in New Jersey

Asbury Ale House to Open New Restaurant in Howell Township, Here’s Where

NFL-backed Scientist Using AI to Discover Future Superstars