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Showing posts from May, 2022

Covid-19 Pandemic Leads to Production Delays for Apple and Tesla in China

  The product of Apple and Tesla products in China has been significantly disintegrated due to the ongoing impact of the Covid- 19 epidemic. Restrictions and lockdowns enforced in response to the contagion have caused detainments in products, leading to a  drop in both companies' stock prices. Apple shares hit their smallest point since June 2021, while Tesla's stock has dropped 73 from a record high in November 2021.   The Covid- 19 epidemic has not only caused product dislocations, but it has also contributed to a staffing crunch in China as the country battles a new surge of Covid infections after lifting times of restrictions. This is anticipated to lead to labor dearths for at least the coming 4- 6 weeks, as numerous migratory workers return to their home townlets for the Lunar New Year vacation at the end of January. Judges prognosticate that product won't return to normal in China until late February. The impact of the epidemic on products has also been felt by Apple

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