China

Tesla to postpone hiring, shorten shifts at Shanghai plant

Tesla Shanghai plant
Shorter shifts at the Shanghai factory, as part of production cuts, won’t necessarily be immediately reflected in monthly deliveries because Tesla still has some inventory on hand in China. (BLOOMBERG)
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By:
Bloomberg
December 08, 2022 06:10 PM

Tesla Inc. will shorten production shifts at its Shanghai factory as soon as Monday and has delayed the on-boarding of some new hires, people familiar with the situation said — adding to signs demand for the company’s electric vehicles in China isn’t meeting expectations.

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