Tesla shuts down factories for

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Dinami
2022-07-05

Tesla shuts down factories for two weeks to double production speed. But nah lets just report the first half of the sentence right bloomberg?

Tesla Pauses Plants After Ending Shaky Quarter With a Production Milestone

Tesla Inc. investors have a lot to parse after the July 4 holiday: a disappointing quarter of delive

Tesla Pauses Plants After Ending Shaky Quarter With a Production Milestone

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ZEROHERO
·2022-07-05
Media trying to dump
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But nah lets just report the first half of the sentence right bloomberg?</p></body></html>","htmlText":"<html><head></head><body><p>Tesla shuts down factories for two weeks to double production speed. But nah lets just report the first half of the sentence right bloomberg?</p></body></html>","text":"Tesla shuts down factories for two weeks to double production speed. But nah lets just report the first half of the sentence right bloomberg?","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9070956624","repostId":2249327393,"repostType":2,"repost":{"id":"2249327393","pubTimestamp":1656999190,"share":"https://www.laohu8.com/m/news/2249327393?lang=&edition=full","pubTime":"2022-07-05 13:33","market":"us","language":"en","title":"Tesla Pauses Plants After Ending Shaky Quarter With a Production Milestone","url":"https://stock-news.laohu8.com/highlight/detail?id=2249327393","media":"Bloomberg","summary":"Tesla Inc. investors have a lot to parse after the July 4 holiday: a disappointing quarter of delive","content":"<html><head></head><body><p>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.</p><p>The electric-car maker will halt most production on its Model Y assembly line in Shanghai for the first two weeks of July, then stop the Model 3 line for a 20-day stretch starting July 18, Bloomberg reported last month. Upgrade work at the factory to boost output of both vehicles is expected to be completed by early August, people familiar with the matter said.</p><p>On Monday, TeslaMag said the carmaker’s plant near Berlin will take a two-week break starting July 11. The German site reported that Tesla aims to roughly double its production rate from August, citing an unidentified source. The company built 1,000 Model Ys at the factory during at least one week last month.</p><p>Tesla didn’t mention these plans in its July 2 production and deliveries statement. The carmaker offered an upbeat line -- it made more vehicles in June than any month in its history -- while disclosing 254,695 deliveries for the quarter, short of analysts’ estimates.</p><p>The “relative weakness” of the quarter was expected, Philippe Houchois, a Jefferies analyst with a buy rating on Tesla shares, said in a July 3 note. He wrote that Chief Executive Officer Elon Musk’s comments referring to the company’s new plants as “money furnaces” suggest Tesla’s free cash flow may have been affected by significant working capital disruptions.</p><p>The biggest blow to Tesla’s performance last quarter came from Shanghai’s weeks-long lockdown in response to a Covid outbreak. The company went to extraordinary lengths to reopen its factory there and keep it running, with thousands of workers sleeping on site to maintain partial production.</p><p>Whereas Shanghai is Tesla’s most productive plant, its factories near Berlin and Austin, Texas, are only just getting going. Musk staged an opening party at the former on March 22 and at the latter on April 7.</p><p>While those were jovial affairs -- Musk danced in Germany and donned a cowboy hat and shades in Texas -- the CEO sounded much more subdued a few weeks later.</p><p>“Berlin and Austin are losing billions of dollars right now because there’s a ton of expense and hardly any output,” Musk told the Tesla Owners of Silicon Valley on May 31. “Getting Berlin and Austin functional and getting Shanghai back in the saddle fully are overwhelmingly our concern.”</p><p>The Shanghai shutdown and struggles ramping up new plants contributed to Tesla shares plunging 38% in the three months that ended in June, a record quarterly drop. The S&amp;P 500 slumped 16%, the biggest decline for the benchmark US stock index since the first quarter of 2020.</p><p>Tesla scheduled its quarterly earnings report for July 20.</p></body></html>","source":"lsy1584095487587","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 Pauses Plants After Ending Shaky Quarter With a Production Milestone</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 Pauses Plants After Ending Shaky Quarter With a Production Milestone\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-05 13:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tesla-pauses-plants-ending-shaky-160000260.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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.The ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-pauses-plants-ending-shaky-160000260.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4099":"汽车制造商","BK4581":"高盛持仓","BK4511":"特斯拉概念","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4574":"无人驾驶","TSLA":"特斯拉","BK4527":"明星科技股","BK4555":"新能源车","BK4534":"瑞士信贷持仓","BK4550":"红杉资本持仓"},"source_url":"https://finance.yahoo.com/news/tesla-pauses-plants-ending-shaky-160000260.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2249327393","content_text":"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.The electric-car maker will halt most production on its Model Y assembly line in Shanghai for the first two weeks of July, then stop the Model 3 line for a 20-day stretch starting July 18, Bloomberg reported last month. Upgrade work at the factory to boost output of both vehicles is expected to be completed by early August, people familiar with the matter said.On Monday, TeslaMag said the carmaker’s plant near Berlin will take a two-week break starting July 11. The German site reported that Tesla aims to roughly double its production rate from August, citing an unidentified source. The company built 1,000 Model Ys at the factory during at least one week last month.Tesla didn’t mention these plans in its July 2 production and deliveries statement. The carmaker offered an upbeat line -- it made more vehicles in June than any month in its history -- while disclosing 254,695 deliveries for the quarter, short of analysts’ estimates.The “relative weakness” of the quarter was expected, Philippe Houchois, a Jefferies analyst with a buy rating on Tesla shares, said in a July 3 note. He wrote that Chief Executive Officer Elon Musk’s comments referring to the company’s new plants as “money furnaces” suggest Tesla’s free cash flow may have been affected by significant working capital disruptions.The biggest blow to Tesla’s performance last quarter came from Shanghai’s weeks-long lockdown in response to a Covid outbreak. The company went to extraordinary lengths to reopen its factory there and keep it running, with thousands of workers sleeping on site to maintain partial production.Whereas Shanghai is Tesla’s most productive plant, its factories near Berlin and Austin, Texas, are only just getting going. Musk staged an opening party at the former on March 22 and at the latter on April 7.While those were jovial affairs -- Musk danced in Germany and donned a cowboy hat and shades in Texas -- the CEO sounded much more subdued a few weeks later.“Berlin and Austin are losing billions of dollars right now because there’s a ton of expense and hardly any output,” Musk told the Tesla Owners of Silicon Valley on May 31. “Getting Berlin and Austin functional and getting Shanghai back in the saddle fully are overwhelmingly our concern.”The Shanghai shutdown and struggles ramping up new plants contributed to Tesla shares plunging 38% in the three months that ended in June, a record quarterly drop. The S&P 500 slumped 16%, the biggest decline for the benchmark US stock index since the first quarter of 2020.Tesla scheduled its quarterly earnings report for July 20.","news_type":1},"isVote":1,"tweetType":1,"viewCount":240,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":118,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":102702854,"commentId":"102702854","gmtCreate":1657007580825,"gmtModify":1663253453656,"authorId":3566532164444643,"author":{"id":3566532164444643,"idStr":"3566532164444643","authorId":3566532164444643,"name":"ZEROHERO","avatar":"https://static.tigerbbs.com/62813b6df1c4722e559d112fadd5486a","vip":2,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.02.05","exceedPercentage":"93.72%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":8,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.11.22","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":9070956624,"objectIdStr":"9070956624","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Media trying to dump","text":"Media trying to dump","html":"Media trying to dump","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}