Elon Musk Says Tesla's Factories Are Losing Billions

Video Credit: Wibbitz Top Stories
Published on June 23, 2022 - Duration: 01:30s

Elon Musk Says Tesla's Factories Are Losing Billions

Elon Musk Says , Tesla's Factories , Are Losing Billions.

In a recent interview, Tesla CEO Elon Musk said that the company's factories in Germany and Texas are losing "billions of dollars.".

In a recent interview, Tesla CEO Elon Musk said that the company's factories in Germany and Texas are losing "billions of dollars.".

Both Berlin and Austin factories are gigantic money furnaces right now.

Itโ€™s really like a giant roaring sound, which is the sound of money on fire, Elon Musk, via 'Elon Musk Unfiltered' interview, as reported by Gizmodo.

Gizmodo reports that 'Elon Musk Unfiltered,' a 3-part interview, was uploaded to YouTube on June 22.

Musk claims the Tesla factories are losing money due to the ongoing supply chain crisis, while Tesla's Shanghai "Gigafactory" was impacted by strict COVID lockdowns.

Musk claims the Tesla factories are losing money due to the ongoing supply chain crisis, while Tesla's Shanghai "Gigafactory" was impacted by strict COVID lockdowns.

The past two years have been an absolute nightmare of supply chain interruptions, one thing after another, and weโ€™re not out of it yet, Elon Musk, via 'Elon Musk Unfiltered' interview, as reported by Gizmodo.

Overwhelmingly our concern is how do we keep the factories operating so we can pay people and not go bankrupt, and then everything else is nice to have.

, Elon Musk, via 'Elon Musk Unfiltered' interview, as reported by Gizmodo.

Musk explained that necessary parts for building Teslas remain stuck in China's ports.

Musk explained that necessary parts for building Teslas remain stuck in China's ports.

We had the Shanghai factory inop, weโ€™ve got the tooling to enable this factory stuck in port in China with no one to actually move it.

, Elon Musk, via 'Elon Musk Unfiltered' interview, as reported by Gizmodo.

Gizmodo reports that the ongoing supply chain crisis continues to send ripples across the globe.

Widespread shortages have been reported for everything from baby formula to computer chips


You are here


๐Ÿ’ก newsR Knowledge: Other News Mentions

Elon Musk

Business magnate (born 1971)
Elon Musk says he fell under a government microscope after smoking weed with Joe Rogan ... claiming the feds randomly drug tested him. The world's richest man..
Credit: TMZ.com - Published 3 days ago

Experts have confirmed debris found in New South Wales is from a craft built by Elon Musk's SpaceX company.
4 days ago • Sky News
Twitter is sending dozens of subpoenas to Elon Musk's associates and financial partners as part of its lawsuit against the billionaire for backing out of his..
4 days ago • Sky News



Texas

U.S. state
Alex Jones' lies are going to cost him $4.1M ... an amount to be paid out to parents who lost their kids during the mass shooting at Sandy Hook Elementary. The..
Credit: TMZ.com - Published 3 days ago

Texas governor Greg Abbott reportedly spent almost three hours at a fundraiser for his re-election campaign after the Uvalde school shooting unfolded - amid..
1 week ago • Sky News

Gizmodo

Design, technology, science, and science fiction website and blog


COVID-19

Contagious disease caused by SARS-CoV-2
Delhi has reported 2,423 new COVID-19 cases, 2 deaths and 1,725 recoveries in the past 24 hours.
Credit: DNA - Published 4 hours ago

With 18,738 new coronavirus infections being reported in a day, India's tally of Covid-19 cases has risen to 4,41,45,732 while the active cases have increased to..
Credit: IndiaTimes - Published 14 hours ago

Taking note of the rise in coronavirus infections in several parts of the country, the Centre has asked Delhi and six states to ensure adequate testing, promote..
Credit: IndiaTimes - Published 19 hours ago

Delhi's Covid positivity rate jumps to 13.84% with 2,311 new cases.
Credit: DNA - Published 1 day ago

Covid: Delhi has contributed 8.2 per cent of India's weekly new cases in the week ending August 5.
Credit: DNA - Published 1 day ago


Giga Shanghai

Factory in Shanghai, China operated by Tesla, Inc

You might like