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Elon Musk Says Tesla's Factories Are Losing Billions

Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
Elon Musk Says Tesla's Factories Are Losing Billions

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.

It’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 we’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, we’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


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