Tesla Idles Plants in China and Germany

Bloomberg Technology published this video item, entitled “Tesla Idles Plants in China and Germany” – below is their description.

Tesla Inc. investors have a lot to parse after the July 4 holiday: a disappointing quarter of deliveries, a record month of production, and now several weeks of downtime at multiple plants. Elon Musk is taking plants in China and Germany offline. Bloomberg’s Dana Hull reports on “Bloomberg Technology.”

Bloomberg Technology YouTube Channel

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About This Source - Bloomberg Technology

Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

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Elon Reeve Musk FRS is a business magnate, industrial designer, engineer, and philanthropist. He is the founder, CEO, CTO and chief designer of SpaceX; early investor, CEO and product architect of Tesla, Inc.; founder of The Boring Company; co-founder of Neuralink; and co-founder and initial co-chairman of OpenAI.

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Germany, officially the Federal Republic of Germany, is a country in Central and Western Europe. It lies between the Baltic and North seas to the north, and the Alps to the south.

Germany is a federal parliamentary republic led by a chancellor. With over 83 million inhabitants of its 16 constituent states, it is the second-most populous country in Europe after Russia, as well as the most populous member state of the European Union. Its capital and largest city is Berlin, and its financial centre is Frankfurt; the largest urban area is the Ruhr.

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Hull, or Kingston upon Hull, is a port city in East Yorkshire, England. Where the River Hull meets the Humber Estuary, The Deep aquarium is a futuristic building with an underwater viewing tunnel and hands-on displays. In the old town’s Museums Quarter, the Streetlife Museum focuses on modes of transport. Wilberforce House, birthplace of William Wilberforce, documents the abolition of the slave trade.

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