Tesla to pause production in Shanghai amid factory upgrades - Bloomberg
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Tesla (NASDAQ:TSLA) is due to pause production at its Shanghai Gigafactory through the end of the month amid factory upgrades, according to Bloomberg.

Citing people familiar with the matter, the outlet reports that upgrades to the plant are aimed at readying production for a ârevamped versionâ of the Model 3 in China. A portion of workers could be pulled off production lines as soon as Sunday, per Bloomberg.

Bloomberg previously reported that the automakerâs planned expansion of the factory was paused in January due to Beijingâs security qualms. The latest reported pause is the second production halt in China since December 2022. Nonetheless, the Elon Musk-led company reportedly still plans to boost production at the facility through March, aiming to produce an average of 20,000 units per week.
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