The company expects the government-ordered shutdown to last less than two weeks.
said on an earnings call Wednesday that production of Model 3 sedans has stopped for now due to government requirements. The shutdown should be less than two weeks, according to CFO Zach Kirkhorn.
As the world’s largest auto and EV market, China has been a target for Tesla since it began building Model S sedans in 2012. A delighted Musk flew to Shanghai for a Jan. 7 ceremony marking the start of deliveries of locally-built vehicles to Chinese customers, at one point flinging off his jacket and brieflyfor his audience. The company said in its fourth-quarter results call that aside from the brief work stoppage plans to ramp up China production are going “as expected.
"In the short-term, foreign vehicle makers–especially those with joint ventures in the Wuhan area–will be considering pulling their foreign staff out of China operations,” said David Leggett, automotive editor for analytics service GlobalData. “Companies with major manufacturing operations in Hubei include Groupe PSA, Renault, Nissan and Honda.
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