Author: Tao Shun Finance.
On March 5, Tesla's Gigafactory in Germany was shut down due to power outages, and Tesla fell another 5% intraday on Tuesday as of press time, after falling 7% on Monday.
Employees at the plant, which is located southeast of Berlin, may have been evacuated after a power outage may have been caused by arson on a power pole by climate activists.
In a letter, the environmental group called "Vulkangruppe" threatened to completely destroy Tesla's factory.
Musk said on his social platform X about the fire at the German factory: it is extremely stupid to stop the production of electric cars instead of fossil fuel vehicles.
In addition to the factory, nearby areas were also affected by power outages.
Tesla's recent negative news has piled up.
In the United States, there is a lawsuit involving Musk's compensation package, and he is required to return the high compensation package of $56 billion promised by the company's board of directors in 2018, which was upheld by a Delaware judge.
Musk was strongly dissatisfied with this, saying that he would move Tesla's headquarters out of Delaware and no longer acquire any companies in the state.
The lawyers who stood on the opposite side of him recently demanded sky-high legal fees, up to 11% of the salary package, reaching $6 billion.
Musk denounced that these lawyers only know how to move their mouths and do nothing but want to get $6 billion from Tesla.
In China, Tesla's wholesale sales in China in February were only 60,365 units, the lowest since December 2012 and down 19% year-on-year.
The bad news is finally out and the rest is good news.
Apple's abandonment of electric vehicles made Musk breathe a sigh of relief, and the Thai side also officially announced: Tesla is negotiating with Thailand to build a factory.
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