March 22 (Reuters) - Tesla has reduced its car
production at its plant in China, Bloomberg News reported on
Friday, as the U.S. electric vehicle-maker grapples with slow
demand and strong competition in the market.
The company earlier in March told employees at its Shanghai
factory to lower output of both the Model Y sport utility
vehicle and Model 3 sedan - the two types it makes in China - by
working five days a week instead of the usual 6-1/2 days, the
report said, citing people familiar with the matter.
Tesla did not immediately respond to a Reuters request for
comment.