
Tesla Inc (NASDAQ:TSLA) plans to halt most of its production at Giga Shanghai in the first two weeks of July to upgrade the site, Reuters reported on Wednesday, citing an internal memo.
What Happened: The Elon Musk-led company plans to ramp up production at Giga Shanghai after the upgrade to a new record high by the end of July and get closer to its goal of producing 22,000 cars per week.