Tesla shares slip 4.5% after suspected arson attack halts production at Berlin Gigafactory

Tesla’s Gigafactory near Berlin is likely to be without power for several days and production is not expected to resume this week, Tesla’s Berlin factory head said, according to Reuters.

Tesla shares were 4.5% lower in morning trading in New York.

Brandenburg police told CNBC that the incident initially looked like arson and added that they are currently investigating who is responsible.