Tesla closes Shanghai factory over coronavirus concerns Kirsten Korosec @kirstenkorosec / 5:09 pm PST • January 29, 2020 Image Credits: Qilai Shen/Bloomberg via Getty Images / Getty Images Tesla was ordered by the Chinese government to shut down its Shanghai factory over concerns about the coronavirus, a closure that will delay Model 3 production and ultimately put slight downward pressure on profits in the first quarter, the automaker’s finance chief Zach Kirkhorn said during an earnings call Wednesday.

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