Tesla to shorten shifts at Shanghai factory, delay hiring

Tesla Inc will shorten shift hours at its Shanghai factory and has delayed on-boarding of new staff at its most productive plant, according to a report by Bloomberg News, sending shares down about 2% on Thursday.

By: Reuters
| Updated on: 08 Dec 2022, 17:38 PM

Share Via

Follow us on:

File photo of Tesla Model 3 vehicles (REUTERS) — File photo of Tesla Model 3 vehicles **(REUTERS)**

Share Via

File photo of Tesla Model 3 vehicles

The factory in China will shorten shifts by about two hours as early as Monday, the report added, citing sources familiar with the matter.

Tesla's Shanghai plant is grappling with elevated inventory levels amid slowing demand in China's auto market.

Also Read : Tesla CEO Elon Musk to pass baton to this man

Still, the plant recorded highest monthly sales of more than 100,000 cars in November.

The EV maker did not immediately respond to a Reuters request for comment.

First Published Date: 08 Dec 2022, 17:37 PM IST

TAGS: Tesla electric vehicle EV electric mobility

NEXT ARTICLE BEGINS

Editor's Pick

Tesla owner Philip Benassi is seen at a charging station in Jessheim, southeast Norway. He has experienced range anxiety on cold winter days, but like other Norwegians, he's learned to cope.

Arctic cold is no sweat for electric cars in Norway. Here is why

Is US President Joe Biden (L) guilty of ignoring Elon Musk-led Tesla in US push for EVs?

Elon Musk vs Joe Biden? The curious case of brushing cold shoulders

Toyota Motor has widened its gap with Volkswagen Group as the world's top carmaker.

Toyota keeps crown as world's top carmaker for third straight year

File photo used for representational purpose.

Over nine lakh government vehicles to retire from Indian roads. Here is why

Former cricketer Andrew Flintoff takes a break from driving after horror crash

Shop Now

50% OFF

SOFTSPUN Microfiber Cloth - 4 pcs - 40x40 cms - 340 GSM Grey- Thick Lint & Streak-Free Multipurpose Cloths - Automotive Microfibre Towels for Car Bike Cleaning Polishing Washing & Detailing

Rs. 299 Rs. 604

73% OFF

pTron Bullet Pro 36W PD Quick Charger, 3 Port Fast Car Charger Adapter - Compatible with All Smartphones & Tablets (Black)

Rs. 349 Rs. 1,299

20% OFF

Involve Your Senses One Musk Organic Car Perfume Bar, Involve Your Senses Strong Fiber Air Freshener to Freshen'up Your Car - IONE01-40 g Car Accessories interior car perfumes and fresheners

Rs. 319 Rs. 399

65% OFF

ELV Car Mount Adjustable Car Phone Holder Universal Long Arm, Windshield for Smartphones - Black

Rs. 348 Rs. 999

13% OFF

Jopasu Car Duster

Rs. 755 Rs. 869

9% OFF

ShineXPro Microfiber Car Cleaning Cloth - OG Soft 500 GSM Extra Large (35x75 CM) Microfiber Cloth for Car and Bike - Suede Edging for Scratchless Drying and Detailing (Pack of 2)

Rs. 499 Rs. 549

13% OFF

Pidilite WD-40, Multipurpose Car care Spray, 420ml Rust Remover, Lubricant, Stain Remover, Powerful Chimney Cleaner, Degreaser, and Bike Chain Cleaner & Chain Lube (341g)

Rs. 325 Rs. 375