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Tesla to suspend output at its China factory partly due to slowing demand

Consumer demand for cars in China has been dented by the country's still strict approach to Covid

The Centre proposes to provide the firms land to set up factory along with power, water, and road access, according to draft of the document prepared by the Department for Promotion of Industry & Internal Trade, and Invest India
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Bloomberg News
Tesla Inc. will suspend output in stages at its Shanghai electric car factory from the end of the month until as long as early January, according to people familiar with the matter, amid production line upgrades and slowing consumer demand.
 
Most workers on both the Model Y and Model 3 assembly lines won’t be required in the last week of December, the people said, asking not to be identified because they’re not authorized to speak publicly. Model Y output disruptions could extend through early January, one of the people said.

Production of the Model 3 sedan may again be suspended