Both companies have suffered major losses over concerns about supply chain hiccups in China.
Apple and Tesla stocks have tumbled over growing concerns about delays in their production lines in China.
Now they are facing a staffing crunch as China battles a Covid wave after lifting years of restrictions., a positive sign for many investors who are seeing an ease in supply chain movement in 2023. "Factories are going to experience labour shortages for at least 4-6 weeks as the wave passes through their production regions, and of course most migrant workers will go back to their home villages for the Lunar New Year at the end of January," says Simon Baptist, chief economist at The Economist Intelligence Unit.Production delays hit Apple supplier Foxconn earlier this year
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