Tesla earnings may come under pressure from Shanghai factory halt – Reuters
- Date: 19-Apr-2022
- Source: Reuters
- Sector:Industrial
- Country:Middle East
Tesla earnings may come under pressure from Shanghai factory halt – Reuters
SAN FRANCISCO, April 19 (Reuters) - Tesla investors on Wednesday will keep an eye on whether the electric car company maintains its ambitious 2022 delivery target as the biggest factory, Shanghai, grapples with a COVID-19 shutdown and new plants slowly ramp up output.
Tesla (TSLA.O) reports quarterly results and analysts are also asking whether CEO Elon Musk will discuss his $43 billion proposal to buy Twitter (TWTR.N) and if he will use some of his Tesla shares to help fund the deal. read more
The COVID-19 related suspension of Tesla's Shanghai factory, the costs of ramping up new factories in Berlin and Texas and rising supply chain costs are likely to have weighed on its first-quarter earnings, analysts said.
Select Sector 
Select Country 
