Tesla plans to cut December output of the Model Y at its Shanghai plant by more than 20% from the previous month, two people with knowledge of electric vehicle (EV) giant's production plan said on Monday.
Visitors wearing face masks check a China-made Tesla Model Y sport utility vehicle at the electric vehicle maker's showroom in Beijing, China January 5, 2021. REUTERS/Tingshu Wang/File Photoplans to cut December output of the Model Y at its Shanghai plant by more than 20% from the previous month, two people with knowledge of electric vehicle giant's production plan said on Monday.
Inventory levels at Tesla's Shanghai plant rose sharply after it completed an upgrade of the manufacturing facilities in summer, with EV inventory increasing at its fastest pace ever in October. Tesla's high inventory levels in Shanghai come as China's auto market faces slowing demand and disruptions to local supply chains.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Giants report card: Total offensive meltdown after second-half touchdownGrading the Giants’ 20-20 tie against the Commanders on Sunday.
Read more »
Tesla Model 3 | PH Used Buying GuideTime for a Tesla? Here's all you need to know 👇
Read more »
Tesla Model 3 Performance vs. Rivian R1T — Odd But Fun Drag RaceWe know that this is an odd combination — putting a luxury compact sedan against a pickup truck in a drag racing challenge.
Read more »
Tesla Model S Plaid Leaves Porsche Taycan Turbo S In the Dust in Drag RaceStarting from the bottom, now Tesla is here with beautiful electric cars that are not only useful but also unthinkably fast.
Read more »
Is This The Tesla Model 3 Refresh With Its Front And Rear Under Camouflage?Not only the camouflage would suggest that it is indeed a test prototype, but also the manufacturer plates and something else we spotted through the camo.
Read more »
Norway BEVs Hit Record Volume in November - Tesla Model Y LeadsPlugin electric vehicles took 89.3% share of the auto market in Norway in November, down from 91.2% year on year.
Read more »