Elon Musk’s talks of a Twitter takeover mask Tesla’s troubles in China - News Summed Up

Elon Musk’s talks of a Twitter takeover mask Tesla’s troubles in China


Placeholder while article actions loadSAN FRANCISCO — The world is distracted by Elon Musk’s hostile takeover bid for Twitter. “This was an *exceptionally* difficult quarter due to supply chain interruptions & China zero Covid policy,” he wrote earlier this month. Those wait times could remain as the China closure could cut into Tesla’s production by as many as 50,000 vehicles in the next quarter. We are production-limited.”Tesla’s China production halt began in late March. He called the measures “fascist” and urged the government “give people back their g--d--- freedom.”Gene Munster, managing partner with Loup Ventures, said Tesla’s China factory closure signaled potential further complications.


Source: Washington Post April 20, 2022 16:21 UTC



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