Michelin, Tesla and Volvo's European plants slowed by Red Sea attacks

Europe's big assembly lines are starting to creak following attacks on shipping in the Red Sea.
As Yemen's Houthi group continues to target vessels it says are linked to Israel, in defiance of U.S. led strikes on their positions, the world's top cargo firms are turning back from the Suez Canal and diverting around whole continents, adding weeks to delivery times.
Tesla's 'Gigafactory' just outside Berlin will halt nearly all production for an entire fortnight from January 29 to February 11. The electric car maker cited a lack of components after ships were rerouted around the southern tip of Africa.