Tesla's Resumption Of Production in May Is Rumored! Musk's Actions Continue To Make Shareholders Panic!

On April 15, there were rumors that Tesla said in response to American investors that the Shanghai factory could resume work as early as mid-May, and the parts supply chain could resume. In this regard, Tao Lin, Tesla's global vice president, said: This is a rumor. Tesla China said that Tesla has always adhered to the main responsibility of epidemic prevention, strictly implemented various epidemic prevention and control requirements, and arranged work at any time in accordance with the government's epidemic prevention policies.

Recently, due to the severe epidemic situation in Shanghai, Tesla has suspended production at its Shanghai factory several times. As a result, the domestic delivery cycle of Tesla's models has been lengthened. Among them, the delivery cycle of Model 3 is 16-20 weeks, and the delivery cycle of Model Y is also 10-20 weeks.

The data shows that Tesla’s deliveries for the full year of 2021 increased by 87%, creating a delivery record of about 936,200 vehicles. Among them, the Shanghai Gigafactory delivered a total of 484,130 vehicles, a year-on-year increase of 235%, accounting for 51.7% of Tesla's total annual global deliveries, and single-handedly supported "half the sky" in the global market. According to the current 4+2 days of production suspension, it is conservatively estimated that it will lose 15,000 units of production.

While Tesla was caught in a production shutdown, Musk made frequent moves. Tesla shareholders filed a class-action lawsuit on April 17 over Musk's 2018 tweets about taking Tesla private and won a key ruling that could lead to Tesla and Musk facing Billions of dollars in damages. Prosecutors argue that Tesla's stock price has fluctuated sharply because of Musk's "false tweets," causing investor damage. Failure to appeal the ruling would put Musk at a disadvantage in a jury trial at the end of May.

So what's the drug behind Musk's $43 billion takeover proposal for Twitter? Some analysts believe that the three areas of Metaverse, NFT and Web3.0 are areas where Musk wants to use Twitter to make the next layout. From Musk's previous series of tweets, it can be seen that Musk may already be building the future Internet in his mind.