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Tesla temporarily shuts down Shanghai factory over coronavirus fears

Jan 30, 2020 18:43 IST

The Chinese government has asked electric car manufacturer Tesla to shut down its new factory in Shanghai over coronavirus fears. According to reports, the company executives said that this will delay its Model 3 production in China and ultimately, lower the company’s profits slightly in the first quarter of 2020. Tesla is one of the many companies affected by the Chinese government’s order, which requires facilities to remain closed until February 9th, 2020.

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