Tesla Said Currently Waiting For Gruenheide Gigafactory In Germany To Be Reconnected To Grid, Could Happen This Evening; Systems Will Be Restarted Step By Step; Does Not Know How Long It Will Take Before Full Production Resumes
Portfolio Pulse from Charles Gross
Tesla's Gruenheide Gigafactory in Germany is currently disconnected from the grid, awaiting reconnection which could occur this evening. The restart of systems will be gradual, and the timeline for resuming full production is uncertain.
March 11, 2024 | 11:15 am
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Tesla's Gruenheide Gigafactory in Germany is temporarily disconnected from the grid, affecting production timelines.
The disconnection of Tesla's Gruenheide Gigafactory from the grid and the uncertainty around the timeline for resuming full production could negatively impact investor sentiment and Tesla's stock price in the short term due to potential delays in vehicle production and delivery.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 90