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Tesla Shares Sink 11% After Shanghai Plant Closes

By
Nick Wingfield
· · Source: The Wall Street Journal

Shares of Tesla dropped 11% on Tuesday after the company suspended production at its Shanghai factory earlier than expected. The Wall Street Journal reported on Sunday that the electric vehicle maker halted production at the Shanghai plant on Saturday, a day earlier than expected. The company had planned to shutter production at the plant for eight days for annual maintenance; the extra day...

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