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Tesla Adjusts German Production Amid Supply Chain Disruption Tesla Adjusts German Production Amid Supply Chain Disruption

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  • Tesla’s (NASDAQ:TSLA) Berlin factory is suspending production for two weeks as the conflict in the Red Sea slows deliveries of necessary components.
  • Attacks on commercial vessels in the Red Sea by Houthi rebels from Yemen has persuaded most major shipping companies like Hapag-Lloyd (OTCPK:HPGLY) and Maersk (OTCPK:AMKBY) to reroute ships away from the Suez Canal route to go around South Africa’s Cape of Good Hope. The modified course adds 10 additional days to a journey from Rotterdam to Singapore.

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