Skip to content

Elon Musk Says He’s Losing Billions In 2 Gigafactories

Elon Musk says Tesla’s two latest vehicle factories in Germany and Texas are losing billions of dollars in the form of supply chain issues and batteries.

Musk said in a recent interview with Tesla owners that manufacturing challenges limit the company’s ability to scale up production, which has two gigafactory bids.

CEO Berlin and Austin’s giant money furnace companies are losing billions of dollars right now because there’s a ton of expense and hardly any output so it’s our concern to get Berlin into the Austin functional and get Shanghai back in the saddle.

Must say that he hopes to address those issues, shares Tesla more than 30 percent this year, it didn’t come as a big news to me. Not as a flash, but just that it was more.

If you were to ask other auto maker CEOs how their factories were doing, they might say you know we have some supply chain challenges, no, they wouldn’t say it’s a money furnace.

1 thought on “Elon Musk Says He’s Losing Billions In 2 Gigafactories”

  1. I needed to write you this very little note just to give thanks again considering the superb strategies you have discussed in this article. This is quite strangely open-handed with people like you to make without restraint all that many individuals would’ve distributed for an e-book in order to make some dough on their own, and in particular now that you might well have tried it if you ever decided. Those thoughts as well served like the good way to be sure that most people have the identical zeal just like my personal own to realize a lot more in regard to this condition. I am sure there are thousands of more fun moments up front for those who see your website.

Leave a Reply

Your email address will not be published. Required fields are marked *