INSUBCONTINENT EXCLUSIVE:
Tesla will stop most car production at its European factory for two weeks.This pause will start on January 29 and run until February 11 due
suppliers change their transport routes.While Tesla adjusts, BMW reports no impact on its production.Tesla is working to increase demand for
its cars, cutting prices in China due to slower electric vehicle sales.Attacks in the Red Sea, mainly by Houthi militants, have forced ships
(Photo Internet reproduction)This has led to longer transit times and supply chain gaps.Recently, the US and UK responded with airstrikes in
Yemen, escalating tensions and affecting oil prices.Other companies are also adapting to these challenges
IKEA expects delays in product availability.KONE, a Finnish elevator company, is seeking alternative shipping methods
Volvo Car is assessing the situation, while Whirlpool reports no current impact.Yara, a Norwegian fertilizer maker, experiences only mild
effects.These global trade adjustments show the widespread impact of disruptions in crucial shipping routes like the Red Sea.
