Giga Shanghai

Tesla, Inc. (NASDAQ: TSLA) has a tall order before it if it has to meet the full-year delivery growth target of 50%. What Happened: From the first quarter through the third, the electric vehicle maker delivered 908,573 cars. If it has to meet the target, it needs to sell 495,685 more cars in the...

Tesla Inc (NASDAQ: TSLA) plans to halt most of its production at Giga Shanghai in the first two weeks of July to upgrade the site, Reuters reported on Wednesday, citing an internal memo. What Happened: The Elon Musk-led company plans to ramp up production at Giga Shanghai after the...

Shanghai is emerging out of a six-week lockdown, although the easing of restrictions is being implemented gradually. Tesla Inc (NASDAQ: TSLA) has planned to take a measured approach with respect to Giga Shanghai reopening, according to a report. What Happened: Tesla is planning to...

Tesla, Inc.'s (NASDAQ: TSLA) Giga Shanghai plan to ramp output to levels before the latest COVID-19 lockdown may be delayed by at least a week, Reuters reported on Monday, citing an internal company memo. What Happened: Tesla plans to go with the "one-shift...

The key to Tesla, Inc. (NASDAQ: TSLA) hitting its sales target for the year is the speedy ramp of Giga Shanghai, which faced disruptions from COVID-19 lockdowns in China. It now appears the company may take longer than previously expected to return to business as usual. What...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said on Tuesday that the electric vehicle maker would expand its Giga Shanghai factory but has no plans to launch any new plants in China. What Happened: The billionaire entrepreneur, speaking remotely at the Financial Times...

Tesla Inc (NASDAQ: TSLA) halted production at the Giga Shanghai on Monday due to issues with supplies, Reuters reported on Tuesday, citing two people familiar with the matter. What Happened: The latest halt comes just weeks after Tesla resumed production following...

Tesla Inc (NASDAQ: TSLA) has confirmed plans to build a second manufacturing plant in Shanghai as it looks to double production capacity in China, Reuters reported on Tuesday, citing a letter from the Elon Musk-led company addressed to local officials. See Also: ...

Tesla Inc (NASDAQ: TSLA) has ramped up production at its Giga Shanghai factory by over 80%, China’s state media Global Times reported on Saturday, citing an official. What Happened: Tesla was part of the first whitelist of companies put together by Shanghai...

Tesla Inc (NASDAQ: TSLA) investors would be focused on what the “brutal” three weeks of production halts in China mean for the rest of the year, according to Wedbush Securities, as the electric vehicle firm reports first-quarter earnings after the bell on Wednesday. The...

Following a three-week shutdown, Tesla Inc.'s (NASDAQ: TSLA) Giga Shanghai could possibly resume operations sooner rather than later. What Happened: Tesla is preparing to restart production at its Giga Shanghai on Monday, Reuters reported, citing people familiar with the matter...

Tesla Inc’s (NASDAQ: TSLA) key manufacturing plant Giga Shanghai remained shut on Friday amid citywide lockdowns in China due to a recent spike in COVID-19 cases, Nikkei Asia reported on Friday, citing local media. What Happened: Austin, Texas-based Tela on...

Tesla Inc (NASDAQ: TSLA) is planning to halt production for a second time this month at Giga Shanghai amid intensifying COVID-19 restrictions, Bloomberg News reported on Sunday, citing people familiar with the matter. What Happened: Tesla will suspend...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has handed over to customers the first Model Y vehicles built at the newly finished Giga Berlin manufacturing plant in Germany. First Model Y deliveries at Giga Berlin pic.twitter.com/JCneGrBJRA —...

Tesla Inc (NASDAQ: TSLA) on Friday resumed production at Giga Shanghai following a two-day suspension, Reuters reported, citing people familiar with the matter. What Happened: The Elon Musk-led electric vehicle maker had halted production at the factory as curbs were...