Billionaire Elon Musk’s American carmaker Tesla has halted most production at its largest factory in Europe near Berlin due to parts shortages. Supply problems began due to attacks by Houthi rebels from Yemen on merchant ships in the Red Sea agenciesIt’s about Reuters.
Houthis opened fire on cargo trucks in a show of solidarity with the Palestinian Islamic group Hamas in its fight against Israel in the Gaza Strip. According to the agency, Tesla was the first company to report logistics problems due to the situation in the Red Sea.
“Armed conflicts in the Red Sea and the resulting changes in transport routes between Europe and Asia via the Cape of Good Hope also have an impact on production in Grünheide,” the company said.
Tesla shares fell 1.7% on the Frankfurt Stock Exchange following the delay announcement.
A source close to the matter said that Tesla has no plans to change the production schedule of its Shanghai factory, which also produces cars for Europe. As in previous years, the facility will be closed for a week during the Chinese Lunar New Year.
Attacks by Houthi militants have forced the world’s leading shipping companies to avoid the Suez Canal, the fastest sea route from Asia to Europe, accounting for about 12% of global maritime traffic.
Previously Tesla recalled Two million cars due to autopilot problems.