Tesla and Sony’s Problems Show Shanghai’s Big Restart is Faltering – Bloomberg
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Shirley Zhao
The official line coming out of Covid-hit Shanghai is that business is returning to usual despite the ongoing lockdown, yet hundreds of manufacturers in the city aren’t operating at anywhere near to full capacity, if they’re up and running again at all.
While factories have been given special allowances to reopen under strict guidelines and systems, snarls in the supply chain — from a shortage of delivery drivers to a lack of materials — continue to disrupt local operators and global giants including Tesla Inc. and Sony Group Corp. And despite a decline in virus cases, the lockdown is intensifying as officials chase the elusive goal of wiping out Covid in the community.
Tech
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May 13, 2022 at 03:25AM