Tesla to Cut Production at Shanghai Factory

Tesla to cut production at shanghai factory

Bloomberg Technology published this video item, entitled “Tesla to Cut Production at Shanghai Factory” – below is their description.

Tesla Inc. plans to lower production at its Shanghai factory, according to people familiar with the matter, in the latest sign demand in China isn’t meeting expectations. Seth Goldstein, Morningstar equities strategist, speaks on “Bloomberg Technology.”

Bloomberg Technology YouTube Channel

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In This Story: Shanghai

Shanghai, on China’s central coast, is the country’s biggest city and a global financial hub. Its heart is the Bund, a famed waterfront promenade lined with colonial-era buildings. Across the Huangpu River rises the Pudong district’s futuristic skyline, including 632m Shanghai Tower and the Oriental Pearl TV Tower, with distinctive pink spheres. Sprawling Yu Garden has traditional pavilions, towers and ponds.

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