Monday, 15 January 2024
The escalating situation in the Red Sea has forced Tesla to halt production at its gigafactory in Germany, in what marks the latest headache for Elon Musk’s car company in Europe. The carmaker said last week that production at its plant in Berlin, which makes Model Y vehicles and batteries, will be put on hold from January 29 to February 11 due to a “lack of parts.” Tesla heavily relies on components from China to produce its EVs. Many of these get shipped through the Suez Canal, the fastest route between Asia and Europe. However, increasing attacks against cargo ships…
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