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Tesla China denies media reports of output cut at Shanghai plant

Published 12/05/2022, 08:52 AM
Updated 12/05/2022, 08:55 AM
© Reuters. FILE PHOTO: People check a Tesla Model Y electric vehicle (EV) displayed at its booth during the 2021 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 4, 2021. REUTERS/Florence Lo
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SHANGHAI (Reuters) - Tesla (NASDAQ:TSLA) on Monday said media reports which said its plant in Shanghai would cut December output of its Model Y were "untrue".

Reuters on Monday reported Model Y output at the plant was set to fall by more than 20% versus November citing two sources with knowledge of the electric vehicle (EV) giant's production plan.

Latest comments

Looks like Lies to get Tesla stock cheaper.
good for us i took advantage Especially with the other stuff that went on today gives us an excuse instead of just blaming it on the *******economics so now when tomorrow comes.when people realize that the production cut is bull *******it kind of gives us a better settlement to trend upwards if not all at once i still can see how this can be to our benefit ***but I put out more bad fake news and then when it becomes false will proven as false alarm sudden becomes good news in a sense after the damage is done we can recover two fold That’s a win in my book
i did not mean i put out false new that amongst a few others were typos.
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