Tesla's Musk says U.S. factory closed for two days due to parts shortages

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https://www.reuters.com/article/us-tesla-production/teslas-musk-says-u-s-factory-closed-for-two-days-due-to-parts-shortages-idUSKBN2AP12J

February 25, 2021 3:50 AM
Tesla's Musk says U.S. factory closed for two days due to parts shortages
By Reuters Staff

(Reuters) - Tesla Chief Executive Officer Elon Musk said the electric vehicle company’s Fremont, California plant shut down for two days this week due to “parts shortages” and had reopened on Wednesday.

Several automakers, including General Motors Co, Volkswagen AG, and Ford Motor Co, are hit by the shortage of chips, forcing them to scale down production.

Tesla said last month that it might face a temporary impact from a global semiconductor shortage and logistics disruptions at ports.

“This is an industrywide problem rather than anything Tesla-specific. But this episode provides a very useful reminder that EV manufacturing is subject to periodic supply chain bottlenecks, whether related to chips, or batteries, or other components,” Raymond James analyst Pavel Molchanov said by email.

Samsung Electronics, which supplies chips that control self-driving capabilities to Tesla, last week said it had suspended its factory in Austin, Texas as a winter storm caused power outages. The Tesla chips are made in the Texas factory, the automaker said two years ago.