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Benzinga

Anusuya Lahiri

Tesla Will Run Two Shifts At Shanghai Plant From May 16

Shanghai Nasdaq Wikimedia Commons China Giga Shanghai

Tesla, Inc (NASDAQ:TSLA) looks to run two shifts at its Shanghai plant from May 16, Reuters reports.
The additional shift would enable the EV maker to return factory output to pre-lockdown levels.
Tesla aims to churn out 2,600 electric cars from the Shanghai plant per day.
Also Read: Tesla Shanghai Workers Forced To Live 24/7 At Reopened Factory: Report
Recently, Tesla confirmed plans to build a second manufacturing plant in Shanghai to double production capacity in China.
Tesla also ramped up production at its Giga Shanghai factory by over 80%.
Price Action: TSLA shares closed lower by 8.33% at 873.28 on Thursday.
Photo via Wikimedia Commons

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