News Snapshot:
Automakers Tesla and Volkswagen have halted production at their plants in Shanghai, China, due to uncertainty over the city’s lockdown following the latest outbreak of Covid-19. Tesla has extended the suspension of production at its factory for at least one more day, until this Friday. The production shutdown began on Monday and workers were told production would likely resume on Friday, when the first phase of the lockdown was supposed to end. The company led by Elon Musk has asked all employees to stay home and abide by government orders, except workers on emergency duty, according to Bloomberg. For its...
