Tesla Stock Slips Lower On Report Of More Shanghai Factory Production Delays

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The Street

By Martin Baccardax Tesla shares are set for their lowest open since August of last year following a report that suggests another day of production delays at its Shanghai gigafactory. Tesla (TSLA) – Get Tesla Inc Report shares pared earlier pre-market gains Monday following a report that suggested the carmaker will delay the return to full capacity at its Shanghai gigafactory by at least another day. Reuters reported Monday that Tesla won’t return to its full daily output of 2,600 vehicles in Giga 3, the group’s lynchpin Shanghai factory, until Tuesday, as it continues to struggle with staffin…

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