Current:Home > ScamsTesla puts German factory production on hold as Red Sea attacks disrupt supply chains -MarketEdge
Tesla puts German factory production on hold as Red Sea attacks disrupt supply chains
View
Date:2025-04-24 13:31:54
BERLIN (AP) — Tesla says it’s temporarily halting most production at its German factory because of attacks in the Red Sea, a vital global shipping corridor.
The electric vehicle maker said in a statement Thursday night that its factory near Berlin, which makes Model Y vehicles and batteries, will pause from Jan. 29 to Feb. 11.
It’s a fresh sign of how the hostilities in the Mideast are disrupting global manufacturing supply chains, with shipping companies reporting that they’re being forced to reroute vessels carrying goods and components on the longer route around the southern tip of Africa. Analysts say the detour adds 10 days or more to the journey.
“The armed conflicts in the Red Sea and the associated shifts in transport routes between Europe and Asia via the Cape of Good Hope are also affecting production in Grünheide,” Tesla said. “The significantly longer transport times create a gap in the supply chains.”
The U.S. led airstrikes on Thursday against Yemen’s Houthi rebels in response to their attacks on Red Sea shipping,
Tesla said normal operations are expected to resume on Feb. 12. The factory in Grünheide, southeast of Berlin, is Tesla’s first in Europe. It opened in 2022 and employs 11,000 workers.
veryGood! (21675)
Related
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Why Friends Cast Didn’t Host Matthew Perry Tribute at Emmys
- Cuffed During Cuffing Season? Here Are The Best Valentine's Day Gifts For Those In A New Relationship
- JetBlue’s $3.8 billion buyout of Spirit Airlines is blocked by judge citing threat to competition
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- China’s population drops for a second straight year as deaths jump
- Banks prepare to take on the Biden administration over billions of dollars in overdraft fees
- Massachusetts governor unveils plan aimed at improving access to child care, early education
- Buckingham Palace staff under investigation for 'bar brawl'
- Heavy snowfall and freezing rain cause flight, train cancellations across Germany
Ranking
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- JetBlue-Spirit Airlines merger blocked by judge over fears it would hurt competition
- Utah Legislature to revise social media limits for youth as it navigates multiple lawsuits
- The Leap from Quantitative Trading to Artificial Intelligence
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- St. John’s coach Rick Pitino is sidelined by COVID-19 for game against Seton Hall
- Which NFL teams have never played in the Super Bowl? It's a short list.
- Top official says Kansas courts need at least $2.6 million to recover from cyberattack
Recommendation
Dick Vitale announces he is cancer free: 'Santa Claus came early'
Carlos Beltrán was the fall guy for a cheating scandal. He still may make the Hall of Fame
Russia’s intense attacks on Ukraine has sharply increased civilian casualties in December, UN says
It's respiratory virus season. Here's what to know about the winter 'tripledemic'
Sam Taylor
Biden invites congressional leaders to White House during difficult talks on Ukraine aid
Nigerian leader says ‘massive education’ of youth will help end kidnappings threatening the capital
Wisconsin Republicans fire utility regulator in latest strike at Evers