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Tesla to cut production at Shanghai plant amid slow demand - Bloomberg

Dec. 05, 2022 5:31 AM ETTesla, Inc. (TSLA) StockBy: Preeti Singh, SA News Editor152 Comments

Tesla Shanghai Gigafactory

Xiaolu Chu/Getty Images News

Tesla (NASDAQ:TSLA) is looking to reduce production at its Shanghai factory by ~20%, Bloomberg reported on Monday citing people familiar with the matter.

The production cut, which will take effect as soon as this week, follows the

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