Tesla Inc. has reduced production at its plant in China, according to people familiar with the matter, amid sluggish growth in electric-vehicle sales and intense competition in the world’s biggest auto market.
The US carmaker earlier this month instructed employees at its Shanghai facility to lower production of both the Model Y and Model 3 — the two vehicles Tesla makes in China — by working five days a week instead of the usual 6 1/2 days, the people said, asking not to be identified because they’re not authorized to speak publicly.
The production lines run on two 11.5-hour shifts per day, which remains unchanged. Output has been trimmed starting earlier this month, the people said, and staff haven’t been given clear indication of when production will go back to normal. Tesla relies predominantly on two models first unveiled before 2020 to compete in China. The company did update the Model 3 sedan and Model Y sport utility vehicle in the second half of last year.
Covered By: Mobility India / Tesla
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