Sun. Jun 7th, 2026
Just days after the Shanghai government was stunned to read in
the WSJ that it had granted Tesla permission to open a new
gigafactory in its free-trade zone (turns out the two are only in
the negotiations stage), according to Taiwanese media reports one
of Tesla’s largest suppliers in the country has been instructed to
pare back production on parts for the Tesla Model 3 – the latest
sign that the cash-burning Silicon Valley carmaker is going to miss
its goal of producing 5,000 cars a week by December. Hota
Industrial Manufacturing Co,…

Just days after the Shanghai government was stunned to read in
the WSJ that it had granted Tesla permission to open a new
gigafactory in its free-trade zone (turns out the two are only in
the negotiations stage), according to Taiwanese media reports one
of Tesla’s largest suppliers in the country has been instructed to
pare back production on parts for the Tesla Model 3 – the latest
sign that the cash-burning Silicon Valley carmaker is going to miss
its goal of producing 5,000 cars a week by December. Hota
Industrial Manufacturing Co,…

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