Covid Stops Work at Tesla Plant. But the Stock Rises Because There Is Good News Too.

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit

  • Order Reprints

  • Print Article

Tesla is halting production at its Shanghai plant for a couple of days. It isn’t because of parts shortages. Tesla shares were rising anyway because investors have other things on their minds.

Reuters reported Wednesday that Tesla (ticker: TSLA) will pause production in China for a couple of days amid a rise of Covid-variant infections. Reuters referred to an internal Tesla notice. The company didn’t immediately respond to a request for comment about the report.