Another China Lockdown Threatens This Apple Product


As electric vehicle maker Tesla  (TSLA) – Get Tesla Inc Report is preparing to resume operations at its Gigafactory Shanghai after shutting down since March 28 for a Covid-19 lockdown, tech giant Apple  (AAPL) – Get Apple Inc. Report faces a new threat of a manufacturing shutdown in China for one of its popular products.

Tesla plans to resume production at its Shanghai plant on April 18 after a three-week shutdown that was required as part of the city’s Covid-19 lockdown. China’s largest city locked down on March 28 in two stages to conduct Covid-19 testing over nine days.

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