Current:Home > InvestTesla puts German factory production on hold as Red Sea attacks disrupt supply chains -FundGuru
Tesla puts German factory production on hold as Red Sea attacks disrupt supply chains
View
Date:2025-04-14 05:19:13
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! (2)
Related
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Rep. Mike Turner says aid to Ukraine is critical: We have to support them now or they will lose
- Kentucky House supports special election to fill any Senate vacancy in Mitch McConnell’s home state
- The latest shake-up in Ohio’s topsy-turvy congressional primary eases minds within the GOP
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Who gets an Oscar invitation? Why even A-listers have to battle for the exclusive ticket
- Macy's receives a higher buyout offer of $6.6 billion after rejecting investors' earlier bid
- Nevada fake electors won’t stand trial until January 2025 under judge’s new schedule
- What do we know about the mysterious drones reported flying over New Jersey?
- Homeland Security Secretary Alejandro Mayorkas says federal government not notified about suspect in Georgia nursing student's death
Ranking
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- A man is found guilty of killing, dismembering a woman after taking out life insurance in her name
- Paul McCartney and Ringo Starr reunite at Stella McCartney's Paris Fashion Week show
- 'Dune: Part Two' rides great reviews, starry young cast to $81.5 million debut
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- The 'Wiseman' Paul Heyman named first inductee of 2024 WWE Hall of Fame class
- How Taylor Swift Is Related to Fellow Tortured Poet Emily Dickinson
- American Airlines to buy 260 new planes from Boeing, Airbus and Embraer to meet growing demand
Recommendation
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
Warren, Ohio mail carrier shot, killed while in USPS van in 'targeted attack,' police say
ATF director Steven Dettelbach says we have to work within that system since there is no federal gun registry
Biden says U.S. will airdrop humanitarian aid to Gaza
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
Supreme Court temporarily blocks Texas law that allows police to arrest migrants
You Won't Believe What Sparked This Below Deck Guest's Drunken Meltdown
Brit Turner of the country rock band Blackberry Smoke dies at 57 after brain tumor diagnosis