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2022-09-27

As usual.. Reuters like to spew out FUD without any credible sources.

Tesla to Keep Output at Upgraded Shanghai Plant Below Maximum

2022-05-16

"Tesla did not respond to a request for comment. The person declined to be identified as the matter is private."Lol, seems like anyone can comment and Rueters will confirm it as real

Tesla Delays Plan to Restore Shanghai Output to Pre-lockdown Levels -Memo

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Reuters like to spew out FUD without any credible sources.","listText":"As usual.. Reuters like to spew out FUD without any credible sources.","text":"As usual.. Reuters like to spew out FUD without any credible sources.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9918066687","repostId":"2270327210","repostType":2,"repost":{"id":"2270327210","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1664280763,"share":"https://ttm.financial/m/news/2270327210?lang=&edition=fundamental","pubTime":"2022-09-27 20:12","market":"us","language":"en","title":"Tesla to Keep Output at Upgraded Shanghai Plant Below Maximum","url":"https://stock-news.laohu8.com/highlight/detail?id=2270327210","media":"Reuters","summary":"SHANGHAI (Reuters) - Tesla plans to hold production at its Shanghai plant at about 93% of capacity t","content":"<html><head></head><body><p>SHANGHAI (Reuters) - Tesla plans to hold production at its Shanghai plant at about 93% of capacity through the end of year, despite a recent upgrade, two people with knowledge of the matter said, in a rare move for the U.S. maker of electric vehicles.</p><p>Since the plant opened in its second largest market in late 2019, Tesla has sought to run the facility in China&#39;s commercial hub at full capacity, and recently upgraded its weekly output by 30%, to a maximum of 22,000 vehicles.</p><p>The sources, who spoke on condition of anonymity as the matter is not public, did not give a reason for the decision not to run the plant at full tilt, though one said the figure was lower than he had expected.</p><p>Tesla did not immediately respond to a request for comment on Tuesday.</p><p>However, the company&#39;s move comes at a time of growing competition from domestic manufacturers of electric vehicles (EV) in a sharply weakening economy, as consumption falls amid strict COVID-19 curbs.</p><p>The upgraded factory can produce 14,000 Model Ys and 8,000 Model 3s, the sources added. Tesla has sought to keep it running at full capacity, except during the upgrade and a city-wide COVID-19 lockdown for two months this year.</p><p>Now Tesla plans to turn out 20,500 units a week for the rest of the year, for a total of 13,000 Model Ys and 7,500 Model 3s, the sources said.</p><p>Tesla&#39;s China sales jumped nearly 60% in the first eight months of this year, figures from the China Passenger Car Association showed.</p><p>But that pace is much weaker than the overall market for new energy vehicles over the same period, which saw sales more than double.</p><p>Since last month, the company has cut delivery waiting times in China at least four times, to a minimum of a week now, besides offering a rebate of 8,000 yuan ($1,100) to buyers of Tesla insurance who take delivery between Sept. 16 and 30.</p><p>Analysts have said the moves aim to lock in more orders.</p><p>In the next few months, rising competition is expected to intensify a price war among EV makers, said Shi Ji, an analyst at China Merchants Bank International.</p><p>Tesla sold 60% of its China-made cars in the domestic market during the first eight months, and exported the rest to overseas markets such as Australia, Europe, Japan and Singapore.</p><p>($1=7.1623 Chinese yuan renminbi)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla to Keep Output at Upgraded Shanghai Plant Below Maximum\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-27 20:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>SHANGHAI (Reuters) - Tesla plans to hold production at its Shanghai plant at about 93% of capacity through the end of year, despite a recent upgrade, two people with knowledge of the matter said, in a rare move for the U.S. maker of electric vehicles.</p><p>Since the plant opened in its second largest market in late 2019, Tesla has sought to run the facility in China&#39;s commercial hub at full capacity, and recently upgraded its weekly output by 30%, to a maximum of 22,000 vehicles.</p><p>The sources, who spoke on condition of anonymity as the matter is not public, did not give a reason for the decision not to run the plant at full tilt, though one said the figure was lower than he had expected.</p><p>Tesla did not immediately respond to a request for comment on Tuesday.</p><p>However, the company&#39;s move comes at a time of growing competition from domestic manufacturers of electric vehicles (EV) in a sharply weakening economy, as consumption falls amid strict COVID-19 curbs.</p><p>The upgraded factory can produce 14,000 Model Ys and 8,000 Model 3s, the sources added. Tesla has sought to keep it running at full capacity, except during the upgrade and a city-wide COVID-19 lockdown for two months this year.</p><p>Now Tesla plans to turn out 20,500 units a week for the rest of the year, for a total of 13,000 Model Ys and 7,500 Model 3s, the sources said.</p><p>Tesla&#39;s China sales jumped nearly 60% in the first eight months of this year, figures from the China Passenger Car Association showed.</p><p>But that pace is much weaker than the overall market for new energy vehicles over the same period, which saw sales more than double.</p><p>Since last month, the company has cut delivery waiting times in China at least four times, to a minimum of a week now, besides offering a rebate of 8,000 yuan ($1,100) to buyers of Tesla insurance who take delivery between Sept. 16 and 30.</p><p>Analysts have said the moves aim to lock in more orders.</p><p>In the next few months, rising competition is expected to intensify a price war among EV makers, said Shi Ji, an analyst at China Merchants Bank International.</p><p>Tesla sold 60% of its China-made cars in the domestic market during the first eight months, and exported the rest to overseas markets such as Australia, Europe, Japan and Singapore.</p><p>($1=7.1623 Chinese yuan renminbi)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2270327210","content_text":"SHANGHAI (Reuters) - Tesla plans to hold production at its Shanghai plant at about 93% of capacity through the end of year, despite a recent upgrade, two people with knowledge of the matter said, in a rare move for the U.S. maker of electric vehicles.Since the plant opened in its second largest market in late 2019, Tesla has sought to run the facility in China's commercial hub at full capacity, and recently upgraded its weekly output by 30%, to a maximum of 22,000 vehicles.The sources, who spoke on condition of anonymity as the matter is not public, did not give a reason for the decision not to run the plant at full tilt, though one said the figure was lower than he had expected.Tesla did not immediately respond to a request for comment on Tuesday.However, the company's move comes at a time of growing competition from domestic manufacturers of electric vehicles (EV) in a sharply weakening economy, as consumption falls amid strict COVID-19 curbs.The upgraded factory can produce 14,000 Model Ys and 8,000 Model 3s, the sources added. Tesla has sought to keep it running at full capacity, except during the upgrade and a city-wide COVID-19 lockdown for two months this year.Now Tesla plans to turn out 20,500 units a week for the rest of the year, for a total of 13,000 Model Ys and 7,500 Model 3s, the sources said.Tesla's China sales jumped nearly 60% in the first eight months of this year, figures from the China Passenger Car Association showed.But that pace is much weaker than the overall market for new energy vehicles over the same period, which saw sales more than double.Since last month, the company has cut delivery waiting times in China at least four times, to a minimum of a week now, besides offering a rebate of 8,000 yuan ($1,100) to buyers of Tesla insurance who take delivery between Sept. 16 and 30.Analysts have said the moves aim to lock in more orders.In the next few months, rising competition is expected to intensify a price war among EV makers, said Shi Ji, an analyst at China Merchants Bank International.Tesla sold 60% of its China-made cars in the domestic market during the first eight months, and exported the rest to overseas markets such as Australia, Europe, Japan and Singapore.($1=7.1623 Chinese yuan renminbi)","news_type":1},"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9029003569,"gmtCreate":1652694676151,"gmtModify":1676535143430,"author":{"id":"3576891520074325","authorId":"3576891520074325","authorIdStr":"3576891520074325","name":"少伟_Thomas","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576891520074325"},"themes":[],"htmlText":"\"Tesla did not respond to a request for comment. The person declined to be identified as the matter is private.\"Lol, seems like anyone can comment and Rueters will confirm it as real","listText":"\"Tesla did not respond to a request for comment. The person declined to be identified as the matter is private.\"Lol, seems like anyone can comment and Rueters will confirm it as real","text":"\"Tesla did not respond to a request for comment. The person declined to be identified as the matter is private.\"Lol, seems like anyone can comment and Rueters will confirm it as real","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9029003569","repostId":"2235142018","repostType":2,"repost":{"id":"2235142018","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1652680339,"share":"https://ttm.financial/m/news/2235142018?lang=&edition=fundamental","pubTime":"2022-05-16 13:52","market":"us","language":"en","title":"Tesla Delays Plan to Restore Shanghai Output to Pre-lockdown Levels -Memo","url":"https://stock-news.laohu8.com/highlight/detail?id=2235142018","media":"Reuters","summary":"SHANGHAI, May 16 (Reuters) - Tesla Inchas delayed a plan to restore production at its Shanghai plant to levels before the city's COVID-19 lockdown by at least a week, according to an internal memo see","content":"<html><head></head><body><p>SHANGHAI, May 16 (Reuters) - Tesla Inc has delayed a plan to restore production at its Shanghai plant to levels before the city&#39;s COVID-19 lockdown by at least a week, according to an internal memo seen by Reuters.</p><p>The U.S. electric car maker originally aimed to increase output at its Shanghai plant to 2,600 cars a day from May 16, Reuters reported earlier this month citing another memo.</p><p>But the latest memo said that it plans to stick to one shift for its Shanghai plant for the current week with a daily output of around 1,200 units. It also said that it would now aim to increase output to 2,600 units per day from May 23.</p><p>Challenges remain for Tesla to double the number of workers living and sleeping near production lines to maintain &#34;closed-loop&#34; operations, said a person familiar with the matter.</p><p>Companies in Shanghai are only allowed to reopen if they can operate under such an arrangement, which requires workers to be isolated.</p><p>There are also uncertainties over supplies, as factories of suppliers and logistics in Shanghai and surrounding areas have yet to be restored to normal, the person added.</p><p>Tesla did not respond to a request for comment. The person declined to be identified as the matter is private.</p><p>On one day last week, Tesla operated its Shanghai plant well below capacity, indicating the problems factories face trying to ramp up output under a tightening COVID-19 lockdown.</p><p>Shanghai aims to reopen broadly and allow normal life to resume from June 1, a city official said on Monday, after declaring that 15 of its 16 districts had eliminated cases outside quarantine areas.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Delays Plan to Restore Shanghai Output to Pre-lockdown Levels -Memo</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Delays Plan to Restore Shanghai Output to Pre-lockdown Levels -Memo\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-05-16 13:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>SHANGHAI, May 16 (Reuters) - Tesla Inc has delayed a plan to restore production at its Shanghai plant to levels before the city&#39;s COVID-19 lockdown by at least a week, according to an internal memo seen by Reuters.</p><p>The U.S. electric car maker originally aimed to increase output at its Shanghai plant to 2,600 cars a day from May 16, Reuters reported earlier this month citing another memo.</p><p>But the latest memo said that it plans to stick to one shift for its Shanghai plant for the current week with a daily output of around 1,200 units. It also said that it would now aim to increase output to 2,600 units per day from May 23.</p><p>Challenges remain for Tesla to double the number of workers living and sleeping near production lines to maintain &#34;closed-loop&#34; operations, said a person familiar with the matter.</p><p>Companies in Shanghai are only allowed to reopen if they can operate under such an arrangement, which requires workers to be isolated.</p><p>There are also uncertainties over supplies, as factories of suppliers and logistics in Shanghai and surrounding areas have yet to be restored to normal, the person added.</p><p>Tesla did not respond to a request for comment. The person declined to be identified as the matter is private.</p><p>On one day last week, Tesla operated its Shanghai plant well below capacity, indicating the problems factories face trying to ramp up output under a tightening COVID-19 lockdown.</p><p>Shanghai aims to reopen broadly and allow normal life to resume from June 1, a city official said on Monday, after declaring that 15 of its 16 districts had eliminated cases outside quarantine areas.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2235142018","content_text":"SHANGHAI, May 16 (Reuters) - Tesla Inc has delayed a plan to restore production at its Shanghai plant to levels before the city's COVID-19 lockdown by at least a week, according to an internal memo seen by Reuters.The U.S. electric car maker originally aimed to increase output at its Shanghai plant to 2,600 cars a day from May 16, Reuters reported earlier this month citing another memo.But the latest memo said that it plans to stick to one shift for its Shanghai plant for the current week with a daily output of around 1,200 units. It also said that it would now aim to increase output to 2,600 units per day from May 23.Challenges remain for Tesla to double the number of workers living and sleeping near production lines to maintain \"closed-loop\" operations, said a person familiar with the matter.Companies in Shanghai are only allowed to reopen if they can operate under such an arrangement, which requires workers to be isolated.There are also uncertainties over supplies, as factories of suppliers and logistics in Shanghai and surrounding areas have yet to be restored to normal, the person added.Tesla did not respond to a request for comment. The person declined to be identified as the matter is private.On one day last week, Tesla operated its Shanghai plant well below capacity, indicating the problems factories face trying to ramp up output under a tightening COVID-19 lockdown.Shanghai aims to reopen broadly and allow normal life to resume from June 1, a city official said on Monday, after declaring that 15 of its 16 districts had eliminated cases outside quarantine areas.","news_type":1},"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9918066687,"gmtCreate":1664286577349,"gmtModify":1676537425752,"author":{"id":"3576891520074325","authorId":"3576891520074325","authorIdStr":"3576891520074325","name":"少伟_Thomas","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576891520074325"},"themes":[],"htmlText":"As usual.. Reuters like to spew out FUD without any credible sources.","listText":"As usual.. Reuters like to spew out FUD without any credible sources.","text":"As usual.. Reuters like to spew out FUD without any credible sources.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9918066687","repostId":"2270327210","repostType":2,"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9029003569,"gmtCreate":1652694676151,"gmtModify":1676535143430,"author":{"id":"3576891520074325","authorId":"3576891520074325","authorIdStr":"3576891520074325","name":"少伟_Thomas","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576891520074325"},"themes":[],"htmlText":"\"Tesla did not respond to a request for comment. The person declined to be identified as the matter is private.\"Lol, seems like anyone can comment and Rueters will confirm it as real","listText":"\"Tesla did not respond to a request for comment. The person declined to be identified as the matter is private.\"Lol, seems like anyone can comment and Rueters will confirm it as real","text":"\"Tesla did not respond to a request for comment. The person declined to be identified as the matter is private.\"Lol, seems like anyone can comment and Rueters will confirm it as real","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9029003569","repostId":"2235142018","repostType":2,"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}