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Reading: Tesla Earnings Likely Clouded by Shanghai Factory Shutdown
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The Wall Street Publication > Blog > Tech > Tesla Earnings Likely Clouded by Shanghai Factory Shutdown
Tech

Tesla Earnings Likely Clouded by Shanghai Factory Shutdown

Editorial Board Published April 20, 2022
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Tesla Earnings Likely Clouded by Shanghai Factory Shutdown
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Tesla Inc. is poised to report near-record quarterly profit as consumers snap up the company’s electric vehicles, though production disruptions in China and inflationary pressures signal a bumpier road ahead.

The world’s largest car company by value is recovering from a shutdown at its Shanghai factory, where work was suspended March 28 because of strict government measures meant to slow the spread of Covid-19.

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