From Nasdaq:

Tesla’s factory near Berlin will suspend car production from Jan. 29 to Feb. 11 due to a lack of components following attacks on vessels in the Red Sea. This is the first company to reveal a pause in output due to the disruption, affecting others such as Geely and Ikea.

Militants’ attacks on vessels in the Red Sea have led to a redirection of transport routes, impacting production in Gruenheide. The longer transportation times are creating a gap in supply chains, affecting companies such as Tesla, Geely, and Ikea.

The world’s top shipping companies are avoiding the Suez Canal due to the attacks in the Red Sea, which adds about 10 days to a journey from Asia to northern Europe and approximately $1 million in extra fuel costs. These attacks have increased in recent months, having a significant impact on global shipping.

Companies are rushing to avoid delays to spring collections due to the Red Sea attacks, while others are adjusting their operations and strategies in response to the ongoing disruptions. Retailers and shipping firms are reacting to the attacks on ships in the Red Sea, as the situation continues to affect global supply chains.

In response to the attacks on ships in the Red Sea, shipping firms are rerouting vessels and adapting their operations. The disruptions in the Red Sea have led to logistical challenges and longer transportation times, impacting companies across various industries. It is essential for businesses to understand and navigate these challenges effectively.



Read more: EXCLUSIVE-Tesla Berlin to suspend most production for two weeks over Red Sea supply gap