During this week, Tesla has stopped production for 2 days and had since reopened on Wednesday. This was due to the shortage of spare parts for the Tesla Model 3 vehicle.
Advertisements
Shares of Tesla have also been seen dropping up to 8% in the stock market.
Some other carmakers like Volkswagen and Ford Motor have also been affected by the shortage of materials making them downscaling the production amount.
Tesla might be facing an issue of global semiconductor shortage and logistic disruptions said their spokesperson.
Samsung Electronics, supplier of self-driving technologies chips for tesla had suspended their Austin factory due to a winter storm that causes power outages.
Advertisements
Tesla has also reduced its prices for the lower range model.