Tesla dips amid report of lowered production target at German plant
Xiaolu Chu/Getty Images News
Tesla (NASDAQ:TSLA) ticked down 0.7% amid a report that the electric vehicle maker lowered its production target in Germany.
The electric car giant lowered its production target for its German plan to 4,350 a week in July and August after hitting 5,000 a week in March, and has plans to cut it further, Reuters reportedon Wednesday, citing a Business Insider report that was taken from internal documents and anonymous sources.
The target has now been reduced to 4,000 a week, according to the report, which cited unnamed workers at the German plant The reason for the reduced targets is said to be a lack of staff at the factory. 
Tesla didn't immediately respond to Reuters request for comment, and Business Insider said the company didn't comment on questions about output at the German plant.

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