Tesla Berlin to stop most output for two weeks due to Red Sea disruption

News Snapshot:

Tesla is pausing production at its Berlin factory due to disruption in the Red Sea. Tesla will suspend most car production at its factory near Berlin from Jan. 29 to Feb. 11, the company said on Thursday, citing a lack of components due to shifts in transport routes because of attacks on vessels in the Red Sea. The partial production stop is evidence that the crisis in the Red Sea, unleashed by Iranian-backed Houthi militants attacking vessels in solidarity with Palestinian Islamist group Hamas fighting Israel in Gaza, has hit Europe's largest economy. The US electric vehicle maker is the...