NEW YORK, January 12. /TASS/. Shares of Tesla before the start of the main trading session on the NASDAQ stock exchange on Friday fell by 6.4% after news of the planned suspension of production of electric vehicles at the company's plant in Germany in light of the worsening situation at Read Sea.

According to the data, this was the 11th case of a decline in stock prices over the past 12 stock exchange sessions. According to Bloomberg, another factor contributing to the dip in prices could be the recent drop in the prices of Tesla electric vehicles in China.

The German Tesla plant, capable of producing around 375,000 electric vehicles per year, launched in March 2022, but most of its workshops will be closed for two weeks due to a scarcity of components caused by changes in transportation routes as the situation in the Red Sea worsens. As Tesla said, component transportation time has increased dramatically, affecting plant operations. Most workshops will cease production from January 29 until February 11. Beginning February 12, the company plans to restart the plant at full capacity.

On the night of January 12, US and UK forces used aircraft, ships, and submarines to attack Ansar Allah locations in Yemen. US President Joe Biden stated that the action was in response to "unprecedented Houthi attacks" in the Red Sea and was defensive. The targets included Houthi missiles, UAVs, and radars.

Following the escalation of the Israeli-Palestinian conflict in the Gaza Strip, the Houthis declared that they would launch attacks on Israeli territory and would refuse to allow associated ships to pass through the waters of the Red Sea and the Bab-el-Mandeb Strait until the operation in the Palestinian enclave was stopped. According to estimates from the US Central Command, the Houthis have assaulted around 20 civilian ships in the Red Sea since mid-November.