Hyperdrive
Tesla Shanghai Plant Remains Closed Amid Lockdown
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Tesla Inc.’s factory in Shanghai will remain closed on Monday, people familiar with the matter said, after a media report that the company planned to resume production at the facility on April 4.
The electric-vehicle maker told employees on Sunday that existing Covid restrictions remained in place, and asked staff to stay home and abide by community orders, according to an emailed company memo reviewed by Bloomberg. Tesla has extended the shutdown of its Gigafactory a few times in the past week as Shanghai puts its 25 million residents in some form of lockdown.