By Denny Jacob


--Tesla will suspend most car production at its factory near Berlin from Jan. 29 to Feb. 11 due to a lack of components stemming from shifts in transport routes because of armed conflict in the Red Sea, Reuters reports.

--"The armed conflicts in the Red Sea and the associated shifts in transport routes between Europe and Asia via the Cape of Good Hope are also having an impact on production in Gruenheide," the electric vehicle manufacturer said in a statement, according to the report.

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(END) Dow Jones Newswires

January 11, 2024 15:58 ET (20:58 GMT)

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