Current:Home > MarketsTesla puts German factory production on hold as Red Sea attacks disrupt supply chains -QuantumFunds
Tesla puts German factory production on hold as Red Sea attacks disrupt supply chains
View
Date:2025-04-16 19:19:24
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! (22)
Related
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- A New Website Aims to Penetrate the Fog of Pollution Permitting in Houston
- Pretty Little Liars' Lindsey Shaw Details Getting Fired Amid Battle With Drugs and Weight
- Amazon must pay over $30 million over claims it invaded privacy with Ring and Alexa
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Inside Clean Energy: US Battery Storage Soared in 2021, Including These Three Monster Projects
- Video shows how a storekeeper defeated Facebook founder Mark Zuckerberg in jiu-jitsu
- Britney Spears Condemns Security Attack as Further Evidence of Her Not Being Seen as an Equal Person
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Saudi Arabia cuts oil production again to shore up prices — this time on its own
Ranking
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Athleta’s Semi-Annual Sale: Score 60% Off on Gym Essentials and Athleisure Looks
- YouTubers Shane Dawson and Ryland Adams Expecting Twins Via Surrogate
- The inventor's dilemma
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Toxic Metals Entered Soil From Pittsburgh Steel-Industry Emissions, Study Says
- CBO says debt ceiling deal would cut deficits by $1.5 trillion over the next decade
- ¿Por qué permiten que las compañías petroleras de California, asolada por la sequía, usen agua dulce?
Recommendation
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
Exxon’s Long-Shot Embrace of Carbon Capture in the Houston Area Just Got Massive Support from Congress
Grimes used AI to clone her own voice. We cloned the voice of a host of Planet Money.
Environmental Groups Are United In California Rooftop Solar Fight, with One Notable Exception
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
Inside Clean Energy: Texas Is the Country’s Clean Energy Leader, Almost in Spite of Itself
‘Timber Cities’ Might Help Decarbonize the World
In Florida, DeSantis May End the Battle Over Rooftop Solar With a Pen Stroke