Musk says Tesla’s factories in Berlin and Texas are ‘gigantic money furnaces’
- Tesla’s factories in Texas and Berlin are losing “billions of dollars right now” as supply chain disruptions hamper the electric vehicle giant’s ability to ramp up production, CEO Elon Musk said.
- “Both Berlin and Austin factories are gigantic money furnaces right now. OK? It should be like a giant roaring sound which is the sound of money on fire,” Musk said.
- He said some of the tools required to make some cars are “stuck in a port in China” because of a resurgence of Covid there and the resulting lockdowns.
https://www.cnbc.com/2022/06/23/musk-says-tesla-berlin-and-austin-factories-losing-billions-of-dollars.html